Esperion Therapeutics Inc (ESPR) Upgraded by Credit Suisse Group AG to “Neutral”
Esperion Therapeutics Inc (NDAQ:ESPR) was upgraded by equities research analysts at Credit Suisse Group AG from an “underperform” rating to a “neutral” rating in a report released on Monday, StockTargetPrices.com reports.
A number of other equities analysts have also issued reports on the stock. Royal Bank of Canada raised their price target on shares of Esperion Therapeutics from $20.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 23rd. Citigroup Inc raised shares of Esperion Therapeutics from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 28th.
Esperion Therapeutics (NDAQ:ESPR) traded up 74.14% during trading on Monday, hitting $41.22. 30,479,151 shares of the stock traded hands. The stock’s market cap is $929.72 million. The stock has a 50 day moving average price of $23.80 and a 200-day moving average price of $15.00. Esperion Therapeutics has a 52-week low of $9.40 and a 52-week high of $42.59.
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Esperion Therapeutics Company Profile
Esperion Therapeutics, Inc is a lipid management company. The Company is a late-stage pharmaceutical company focused on developing and commercializing once-daily, oral therapies for the treatment of patients with elevated low-density lipoprotein cholesterol (LDL-C). With a targeted mechanism of action, bempedoic acid, the Company’s lead product candidate, is an orally available, once-daily adenosine triphosphate (ATP)-citrate lyase (ACL) inhibitor that reduces cholesterol biosynthesis and lowers elevated levels of LDL-C by up-regulating the LDL receptor, but with reduced potential for muscle-related side effects.
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