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Stock Market & Financial Investment News

News Breaks
October 10, 2012
07:21 EDTAKRXAkorn warning letter no cause for alarm, says Piper Jaffray
Piper Jaffray says the FDA warning letter sent to Akorn is specific only to generic pilocarpine and cited no manufacturing deficiencies. Piper finds it possible that Akorn removes the product from the market, but points out Akorn began shipping the product only a few months ago and had minimal sales thus far. Piper thinks the letter is no cause for alarm and continues to view Akorn shares as attractive. The firm keeps an Overweight rating on the stock with a $21 price target.
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May 8, 2013
07:33 EDTAKRXAkorn sell-off on Q1 results overdone, says Leerink
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