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0 -0.00325683060109288 -0.00546448087431682 -0.0120437158469944 0.00983606557377048 0.0109289617486338 0 -0.00655737704918038
Stock impact report

Craig-Hallum Bullish on Ironwood Pharmaceuticals (IRWD), Keeps Buy Rating [Yahoo! Finance]

Ironwood Pharmaceuticals, Inc. - Class A (IRWD) 
Last ironwood pharmaceuticals, inc. - class a earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ironwoodpharma.com
Company Research Source: Yahoo! Finance
On January 5, Craig-Hallum upgraded Ironwood to Buy from Hold and increased the price target to $5.70 from $3.80. On the same day, Citizens analyst Jason Butler upgraded Ironwood Pharmaceuticals from Market Perform to Outperform with an $8 price target. This sentiment was posted as the firm cited restored confidence in the core strength of Linzess. Butler noted that the drug's performance eases concerns regarding the company's debt obligations and allows for a renewed focus on the long-term value of its pipeline asset, apraglutide. Butler estimates that Linzess could generate approximately $1.5 billion in brand profit for Ironwood Pharmaceuticals Inc. (NASDAQ:IRWD) before its loss of exclusivity. According to the firm's research note, the cash flow from this asset is expected to be more than sufficient to meet the company's existing debt requirements. Ironwood Pharmaceuticals Inc. (NASDAQ:IRWD) is a biotechnology company that develops and commercializes therapies for gastrointes Show less Read more
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