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Stock Market & Financial Investment News

News Breaks
July 24, 2014
08:12 EDTESPREsperion Therapeutics initiates Phase 2 study of ETC-1002
Esperion Therapeutics announced dosing of the first patient in its Phase 2 clinical study of ETC-1002 in patients with hypercholesterolemia and hypertension, ETC-1002-014. The company expects to announce top-line results from the study in the second quarter of 2015. The randomized, double-blind, parallel group, multicenter ETC-1002-014 study is evaluating parallel doses of ETC-1002 in approximately 144 patients. The primary objective of the study is to assess the LDL-cholesterol lowering efficacy of ETC-1002 monotherapy versus placebo in patients with both hypercholesterolemia and hypertension who are treated for six weeks. Secondary objectives include assessing the effect of ETC-1002 on blood pressure, other lipid and cardiometabolic biomarkers and characterizing the tolerability and safety of ETC-1002.
News For ESPR From The Last 14 Days
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July 2, 2015
08:18 EDTESPREsperion has a conference call hosted by JPMorgan
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June 29, 2015
14:58 EDTESPRViking Global reports 5.9% passive stake in Esperion
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June 25, 2015
10:00 EDTESPROn The Fly: Analyst Initiation Summary
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06:36 EDTESPREsperion initiated with an Overweight at JPMorgan
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June 24, 2015
10:00 EDTESPROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Sell from Neutral at Goldman... Catamaran (CTRX) downgraded to Neutral from Buy at UBS... Citi (C) downgraded to Hold from Buy at Deutsche Bank... Esperion (ESPR) downgraded to Neutral from Outperform at Credit Suisse... Fortinet (FTNT) downgraded to Neutral from Buy at Citi... General Motors (GM) downgraded to Neutral from Buy at Goldman... Goldman Sachs (GS) downgraded to Hold from Buy at Deutsche Bank... IBERIABANK (IBKC) downgraded to Neutral from Outperform at Baird... Independent Bank (INDB) downgraded to Underperform from Neutral at Baird... Inphi (IPHI) downgraded to Market Perform from Outperform at Northland... MoneyGram (MGI) downgraded to Neutral from Outperform at Macquarie... Sensata (ST) downgraded to Hold from Buy at Cross Research... Teradyne (TER) downgraded to Buy from Conviction Buy at Goldman... Alcobra (ADHD) downgraded to Hold from Speculative Buy at WBB Securities.
07:25 EDTESPREsperion risk/reward favorable following pullback, says UBS
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07:01 EDTESPREsperion downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse assumed coverage on Esperion with a Neutral rating from an Outperform rating and lowered its price target to $86 from $130. The analyst would like to see more visibility on the upcoming FDA decision and product labels for PCSK9s, output of End of Phase 2 FDA meeting with the FDA in August, and clarity on the mechanism of action for ETC-1002 before recommending shares.

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