Spectrum downgraded to neutral at B Riley on doubts over approval of poziotinib

Nov. 16, 2022 2:38 PM ETSpectrum Pharmaceuticals, Inc. (SPPI)AMGN, AZNBy: Jonathan Block, SA News Editor

Wall Street New York City


  • B Riley has downgraded Spectrum Pharmaceuticals (NASDAQ:SPPI) to neutral from buy citing uncertainty over the approval of poziotinib later this month and a challenging near-term pipeline catalyst profile.
  • The firm also lowered its price target to $1 from $1.50 (~92% upside based on

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