NetworkNewsBreaks – Mizuho Securities Issues Update, Reiterates “Buy” Rating on Aerie Pharmaceuticals, Inc. (NASDAQ: AERI)
Mizuho Securities USA LLC has reiterated its ‘Buy’ rating and price target of $70 on shares of Aerie Pharmaceuticals, Inc.’s (NASDAQ: AERI) stock following review of the Rhopressa advisory committee briefing package. The analyst noted that, upon review, they believe the FDA's stance is favorable toward Aerie’s Rhopressa. Per the briefing package, the FDA agrees with Aerie's conclusion regarding the overall efficacy of Rhopressa with once-daily dosing for the reduction of elevated intraocular pressure. The analyst noted that the FDA didn’t uncover anything concerning regarding Aeri’s safety findings. However, the FDA did suggest modifications to the proposed language used on…
