BidaskClub downgraded shares of Advanced Accelerator Application (NASDAQ:AAAP) from a buy rating to a hold rating in a research note issued to investors on Friday.

AAAP has been the topic of several other research reports. JMP Securities reissued an outperform rating and issued a $69.00 target price on shares of Advanced Accelerator Application in a report on Monday, October 2nd. JPMorgan Chase & Co. lowered Advanced Accelerator Application from an overweight rating to a neutral rating and set a $82.00 target price on the stock. in a report on Monday, November 20th. Finally, Zacks Investment Research raised Advanced Accelerator Application from a hold rating to a buy rating and set a $91.00 target price on the stock in a report on Wednesday, November 1st. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $69.80.

Shares of Advanced Accelerator Application (AAAP) opened at $81.81 on Friday. The firm has a market capitalization of $3,610.00 and a price-to-earnings ratio of -51.45. Advanced Accelerator Application has a twelve month low of $27.14 and a twelve month high of $81.86.

Institutional investors have recently bought and sold shares of the business. Reliance Trust Co. of Delaware purchased a new stake in shares of Advanced Accelerator Application in the third quarter valued at $596,000. PointState Capital LP purchased a new stake in shares of Advanced Accelerator Application in the second quarter valued at $5,247,000. ING Groep NV purchased a new stake in shares of Advanced Accelerator Application in the third quarter valued at $1,636,000. Empirical Finance LLC purchased a new stake in shares of Advanced Accelerator Application in the third quarter valued at $265,000. Finally, Artisan Partners Limited Partnership lifted its position in shares of Advanced Accelerator Application by 29.2% in the second quarter. Artisan Partners Limited Partnership now owns 547,338 shares of the company’s stock valued at $21,368,000 after acquiring an additional 123,619 shares in the last quarter. 39.11% of the stock is currently owned by institutional investors.

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Advanced Accelerator Application Company Profile

Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.

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