Rodman & Renshaw Cuts Alimera (ALIM) to Market Perform

November 14, 2011 12:33 PM EST
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Price: $5.54 --0%

Rating Summary:
    5 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 2
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Rodman & Renshaw's Suraj Kalia downgraded shares of Alimera Sciences (NASDAQ: ALIM) from Market Outperform to Market Perform in a mid-day research note Monday.

Alimera shares are down nearly 12 percent this afternoon following a 73 percent decline on Friday amid an FDA decision on the company's ILUVIEN NDA.

The stock was also downgraded at Citi and Cowen earlier.

For an analyst ratings summary and ratings history on Alimera Sciences click here. For more ratings news on Alimera Sciences click here.


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