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Tuesday, 11/19/2019 9:22:56 PM

Tuesday, November 19, 2019 9:22:56 PM

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Great news for ACST in Oppenheimer's downgrade of AMRN after-hours today. This is a news blurb from SeekingAlpha.com:

Amarin slips 3% on bearish coverage • 5:08 PM

Oppenheimer initiates Amarin (NASDAQ:AMRN) with an Underperform rating and $7 price target, suggesting a whopping 70% downside from this afternoon's close. Among the negative items: The 12-month stream of late-stage competitor data beginning next month will increasingly weigh on Vascepa (h/t Notable Calls); the idea of Amarin as an M&A target is likely to diminish over time (h/t Marc Lehman). Shares are down 3.9% after hours to $21.85.

Apparently included in the Oppenheimer report is a positive read-through for Acasti Pharma (NASDAQ:ACST), and those shares are up 4.9% after hours
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