Cantor Fitzgerald analyst Louise Chen last night downgraded Aclaris Therapeutics to Neutral from Overweight without a price target after the company announced that zunsemetinib did not meet the primary or secondary efficacy endpoints for its rheumatoid arthritis study. The firm is moving to the sidelines until the company’s go-forward strategy becomes more clear.
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Read More on ACRS:
- Aclaris Therapeutics downgraded to Neutral from Overweight at Cantor Fitzgerald
- Aclaris Therapeutics price target lowered to $8 from $29 at BTIG
- Aclaris Therapeutics downgraded to Market Perform from Outperform at Leerink
- Aclaris Therapeutics downgraded to Neutral from Overweight at Piper Sandler
- Aclaris Therapeutics downgraded to Hold from Buy at Stifel
