Alliance Global Partners upgraded its rating of Alimera Sciences ALIM to Buy with a price target of $8.00, changing its price target from $4.50 to $8.00.
Shares of Alimera Sciences are trading up 14.0% over the last 24 hours, at $2.85 per share.
A move to $8.00 would account for a 180.7% increase from the current share price.
About Alimera Sciences
Alimera Sciences Inc is a commercial-stage pharmaceutical company developing and commercializing ILUVIEN for the treatment of diabetic macular edema (DME), a leading cause of blindness, and outside the U.S. for non-infectious uveitis affecting the posterior segment of the eye (NIU-PS). ILUVIEN is a sustained-release intravitreal implant that enables patients to maintain vision longer, and importantly, with fewer injections. The company commercializes ILUVIEN in the U.S., Europe, China and the Middle East.
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