Aerie Pharma (AERI) Gets a Buy Rating from Mizuho Securities

Mizuho Securities analyst Difei Yang maintained a Buy rating on Aerie Pharma (AERI) today and set a price target of $54.00. The company’s shares closed last Monday at $16.89, close to its 52-week low of $16.26.

According to TipRanks.com, Yang is ranked 0 out of 5 stars with an average return of -6.8% and a 35.0% success rate. Yang covers the Healthcare sector, focusing on stocks such as Xeris Pharmaceuticals, Revance Therapeutics, and Nektar Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aerie Pharma with a $39.20 average price target, which is a 130.6% upside from current levels. In a report issued on February 21, Oppenheimer also maintained a Buy rating on the stock with a $28.00 price target.

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The company has a one-year high of $50.10 and a one-year low of $16.26. Currently, Aerie Pharma has an average volume of 884.2K.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock.

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Aerie Pharmaceuticals, Inc. engages in the discovery, development, and commercialization of therapies for the treatment of patients with open-angle glaucoma, retinal diseases and other diseases of the eye. Its products include Rhopressa, Roclatan, AR-13503, and AR-1105.