A number of firms have modified their ratings and price targets on shares of Alkermes (NASDAQ: ALKS) recently:
- 6/29/2026 – Alkermes had its price target raised by Wells Fargo & Company from $44.00 to $65.00. They now have an “overweight” rating on the stock.
- 6/29/2026 – Alkermes had its “underperform” rating reaffirmed by Bank of America Corporation.
- 6/24/2026 – Alkermes had its price target raised by Needham & Company LLC from $54.00 to $61.00. They now have a “buy” rating on the stock.
- 6/22/2026 – Alkermes had its price target raised by TD Cowen from $42.00 to $50.00. They now have a “buy” rating on the stock.
- 6/18/2026 – Alkermes had its “neutral” rating reaffirmed by HC Wainwright.
- 6/18/2026 – Alkermes had its price target raised by Needham & Company LLC from $50.00 to $54.00. They now have a “buy” rating on the stock.
- 6/9/2026 – Alkermes had its price target raised by Royal Bank Of Canada from $45.00 to $56.00. They now have an “outperform” rating on the stock.
- 5/13/2026 – Alkermes had its price target raised by Robert W. Baird from $45.00 to $48.00. They now have an “outperform” rating on the stock.
- 5/11/2026 – Alkermes was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 5/6/2026 – Alkermes had its price target raised by UBS Group AG from $42.00 to $48.00. They now have a “buy” rating on the stock.
- 5/6/2026 – Alkermes had its price target raised by Wells Fargo & Company from $43.00 to $44.00. They now have an “overweight” rating on the stock.
- 5/6/2026 – Alkermes had its price target raised by Needham & Company LLC from $45.00 to $50.00. They now have a “buy” rating on the stock.
Insider Activity
In related news, Director Christopher I. Wright sold 2,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $45.10, for a total transaction of $90,200.00. Following the completion of the sale, the director directly owned 25,680 shares in the company, valued at $1,158,168. This represents a 7.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Craig C. Hopkinson sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $35.51, for a total value of $319,590.00. Following the sale, the executive vice president directly owned 85,389 shares in the company, valued at approximately $3,032,163.39. The trade was a 9.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 35,102 shares of company stock worth $1,310,828. 4.59% of the stock is currently owned by company insiders.
Alkermes’ commercial franchise features several approved products.
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