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Aegerion Pharmaceuticals, Inc. (AEGR) [hlAlert]

Rating:
Buy AEGR
up 18.32 %

Aegerion Pharmaceuticals, Inc. (AEGR) rated Buy with price target $24 by Needham

Posted on: Tuesday,  May 22, 2012  8:25 AM ET by Needham

Needham rated Buy Aegerion Pharmaceuticals, Inc. (NASDAQ: AEGR) on 05/22/2012, when the stock price was $15.01. Since
then, Aegerion Pharmaceuticals, Inc. has gained 18.32% as of 01/27/2016's recent price of $17.76.
If you would have followed this Needham's recommendation on AEGR, you would have gained 18.32% of your investment in 1345 days.

Aegerion Pharmaceuticals, Inc. (Aegerion) is a biopharmaceutical company focused on the development and commercialization of therapeutics to treat severe lipid disorders. Its lead compound, lomitapide, is a microsomal triglyceride transfer protein inhibitor (MTP-I), which limits secretion of cholesterol and triglycerides from the intestines and the liver, the main sources of lipids in the body. The Company is initially developing lomitapide as an oral, once-a-day treatment for patients with a rare genetic lipid disorder called homozygous familial hypercholesterolemia (HoFH). HoFH is a genetic lipid disorder caused by defects in both copies of the low-density lipoprotein (LDL) receptor genes, resulting in impaired or total loss of function in the LDL receptor.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2013 12:25 PM Buy
None
85.10 100.00
as of 12/31/2012
1 Week up  0.51 %
1 Month up  15.89 %
3 Months up  71.25 %
1 YTD up  19.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2013 8:25 AM Buy
None
79.21 100.00
5/2/2013 1:25 PM Buy
None
44.34 50.00
1/9/2013 12:25 PM Buy
None
26.91 36.00
10/18/2012 8:25 AM Buy
None
21.30 30.00
5/22/2012 8:25 AM Buy
None
15.01 24.00

(*) Stock Price at the time of the recommendation.
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