Cowen & Co. analyst Chris Shibutani maintained a Buy rating on Esperion (ESPR) yesterday and set a price target of $94. The company’s shares closed on Friday at $43.24.
According to TipRanks.com, Shibutani is a 3-star analyst with an average return of 2.7% and a 43.3% success rate. Shibutani covers the Healthcare sector, focusing on stocks such as Syndax Pharmaceuticals Inc, Five Prime Therapeutics, and Pieris Pharmaceuticals.
Esperion has an analyst consensus of Moderate Buy, with a price target consensus of $81.57.
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Based on Esperion’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $60.04 million. In comparison, last year the company had a GAAP net loss of $46.13 million.
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Esperion Therapeutics, Inc. operates as 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).