H.C. Wainwright Reaffirms Their Buy Rating on Amarin


H.C. Wainwright analyst Andrew Fein reiterated a Buy rating on Amarin (NASDAQ: AMRN) today and set a price target of $10. The company’s shares closed yesterday at $2.89, close to its 52-week low of $2.66.

According to TipRanks.com, Fein is a 4-star analyst with an average return of 5.4% and a 48.8% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Strongbridge Biopharma Plc, and Cyclacel Pharmaceuticals.

Currently, the analyst consensus on Amarin is Strong Buy and the average price target is $9, representing a 211.4% upside.

In a report released yesterday, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $10 price target.

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The company has a one-year high of $4.60 and a one-year low of $2.66. Currently, Amarin has an average volume of 2.05M.

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Amarin Corp. Plc is a biopharmaceutical company, which focuses on the commercialization and development of therapeutics for cardiovascular health. It’s product development program leverages its experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. It has developed and markets Vascepa capsules through wholesale.

Read More on AMRN:

Analyst Backs Bullish View on Amarin Corporation (AMRN) Following Today’s Updates

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