Assertio Holdings price target lowered to $4 from $7 at Lake Street

Lake Street lowered the firm’s price target on Assertio Holdings to $4 from $7 and keeps a Buy rating on the shares after the company reported Q3 revenues “well below” the firm’s estimate and consensus. Though both Indocin and Rolvedon disappointed, the firm continues to believe in the long-term opportunity for both, the analyst tells investors.