Xeris Pharmaceuticals (XERS) Is Now Covered By Leerink Partners. What can We Expect?

July 16, 2018 - By Victoria Pittman

Why Has Leerink Partners Given Xeris Pharmaceuticals (XERS) a $24.0 Price Target

Professional analysts at Leerink Partners began coverage on shares of Xeris Pharmaceuticals (XERS) in an analyst note revealed on Monday morning. The financial company set “Outperform” rating on the stock. Leerink Partners’s target price of $24.0 suggests potential of 30.43 % from the stock’s current stock price.

The stock decreased 0.54% or $0.1 during the last trading session, reaching $18.4. About 32,485 shares traded. Xeris Pharmaceuticals, Inc. (XERS) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Xeris Pharmaceuticals, Inc., a specialty pharmaceutical company, develops and commercializes ready-to-use injectable and infusible drug formulations. The company has market cap of $378.87 million. The Company’s proprietary XeriSol and XeriJect formulation technologies allow for the subcutaneous and intramuscular delivery of highly-concentrated, ready-to-use formulations of peptides, proteins, antibodies, and small molecules using commercially available syringes, auto-injectors, multi-dose pens, and infusion pumps. It currently has negative earnings. The company's lead product candidate is glucagon rescue pen, which has completed Phase III clinical trials for the treatment of severe hypoglycemia, a potentially life-threatening condition in people with diabetes.

More notable recent Xeris Pharmaceuticals, Inc. (NASDAQ:XERS) news were published by: Nasdaq.com which released: “Nasdaq’s Hot First Day of Summer – Six IPOs Join our Market” on June 22, 2018, also Benzinga.com with their article: “Benzinga’s Daily Biotech Pulse: AbbVie Launches New Pediatric Humira, IPO Deluge Hits The Street” published on June 21, 2018, Seekingalpha.com published: “Stocks To Watch: Prime Time In Retail” on July 14, 2018. More interesting news about Xeris Pharmaceuticals, Inc. (NASDAQ:XERS) were released by: 247Wallst.com and their article: “IPO News This Week: A Record 12 IPOs Coming to Market” published on June 24, 2018 as well as Nasdaq.com‘s news article titled: “Retailers, Markets React To Supreme Court Ruling On Online Sales Taxes” with publication date: June 21, 2018.

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