Downgrades Neutral Sell X

APLS Apellis Pharmaceuticals

Goldman

$18

Downgrades Buy Neutral X

APLS Apellis Pharmaceuticals

Goldman

$36

Initiated Buy X

APLS Apellis Pharmaceuticals

Goldman

$74

Initiated Buy X

APLS Apellis Pharmaceuticals

Goldman

$130

APLS  Apellis Pharmaceuticals, Inc.

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. The Company is developing APL-2 for the treatment of paroxysmal nocturnal hemoglobinuria (PNH) by subcutaneous injection, which is an injection into the tissue under the skin. It is developing APL-2 for the treatment of geographic atrophy (GA) and intermediate age-related macular degeneration (AMD) by intravitreal injection, which is an injection into the eye. The Company is developing APL-1 for the treatment of chronic obstructive pulmonary disease (COPD) by inhaled administration.