In a report issued on August 3, Chris Shibutani from Cowen & Co. maintained a Buy rating on Esperion (NASDAQ: ESPR), with a price target of $95. The company’s shares opened today at $45.96.
According to TipRanks.com, Shibutani is a 4-star analyst with an average return of 10.6% and a 39.4% success rate. Shibutani covers the Healthcare sector, focusing on stocks such as Syndax Pharmaceuticals Inc, Five Prime Therapeutics, and Pieris Pharmaceuticals.
Currently, the analyst consensus on Esperion is a Moderate Buy with an average price target of $80.10.
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Based on Esperion’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $45.73 million. In comparison, last year the company had a GAAP net loss of $43.34 million.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ESPR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Esperion Therapeutics, Inc. is a clinical stage pharmaceutical company, which engages in the development and commercialization of oral therapies for the treatment of patients with elevated low-density lipoprotein cholesterol (LDL-C).
