Media stories about Apellis Pharmaceuticals (NASDAQ:APLS) have been trending somewhat positive on Friday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Apellis Pharmaceuticals earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.3383339751791 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Shares of Apellis Pharmaceuticals (APLS) opened at $13.35 on Friday. Apellis Pharmaceuticals has a 52-week low of $12.45 and a 52-week high of $15.41.

A number of research firms have weighed in on APLS. Evercore ISI began coverage on shares of Apellis Pharmaceuticals in a research note on Monday, December 4th. They set an “outperform” rating on the stock. J P Morgan Chase & Co began coverage on shares of Apellis Pharmaceuticals in a research note on Monday, December 4th. They set an “overweight” rating and a $31.00 price target on the stock. Finally, Citigroup assumed coverage on shares of Apellis Pharmaceuticals in a research note on Monday, December 4th. They set a “buy” rating and a $23.00 price target on the stock.

In other Apellis Pharmaceuticals news, major shareholder Global Strategic Fund I. Venbio acquired 127,515 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was bought at an average price of $14.00 per share, with a total value of $1,785,210.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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About Apellis Pharmaceuticals

Apellis Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company. The Company focuses on the discovery and development of therapeutic compounds for autoimmune and inflammatory diseases. The Company’s lead compounds are designed to inhibit complement component 3 (C3), the central protein in the complement cascade.

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