Assertio Holdings price target lowered to $2.15 from $2.75 at Alliance Global

Alliance Global Partners analyst Scott Henry lowered the firm’s price target on Assertio Holdings (ASRT) to $2.15 from $2.75 and keeps a Buy rating on the shares. Assertio reported Q3 results that were about in-line with the firm’s expectations, though the firm lowered its Rolvedon forecasts based on trends and “subjectively discounted our price target by 20% to account for whistleblower accusations,” the analyst tells investors.