Truist Securities Maintains Buy Rating for ANI Pharmaceuticals: Here's What You Need To Know

Truist Securities has decided to maintain its Buy rating of ANI Pharmaceuticals ANIP and raise its price target from $70.00 to $72.00.

Shares of ANI Pharmaceuticals are trading up 5.87% over the last 24 hours, at $60.93 per share.

A move to $72.00 would account for a 18.17% increase from the current share price.

About ANI Pharmaceuticals

ANI Pharmaceuticals Inc develops, manufactures, and markets generic prescription pharmaceuticals. It manufactures liquid, powder, and oral solid dose products. Its areas of product development include narcotics, oncolytic, hormones and steroids, and complex formulations involving extended release and combination products. Some of its generic products include Erythromycin ethyl succinate, Esterified Estrogen with Methyltestosterone (EEMT), Etodolac Fenofibrate, Fluvoxamine, Hydrocortisone Enema and Vancomycin. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.