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Currently, the analyst consensus on Alder Biopharmaceuticals is a Hold with an average price target of $19.80.
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Based on Alder Biopharmaceuticals’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $58.41 million. In comparison, last year the company had a GAAP net loss of $60.92 million.
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Alder Biopharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which discovers, develops and commercializes various therapeutic antibodies. Its product portfolio includes ALD1910, a preclinical product candidate also in development as a migraine prevention therapy.