Amarin Gets Underweight Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. has begun coverage on Amarin (NASDAQ:AMRN), assigning an 'underweight' rating and a price target of $13.00 to the biopharmaceutical company's stock.
The firm's target indicates a potential downside of 8.00% from Amarin's previous close.
This is not the only recent analyst action on the stock; Weiss Ratings has reissued a 'sell (d-)' rating, while Zacks Research downgraded Amarin from a 'strong-buy' to a 'hold' rating and Wall Street Zen lowered its rating from 'buy' to 'hold.'