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UPDATE: Morgan Stanley Reiterates on Pfizer as Vaccine Pipeline is Under-Appreciated
Friday, March 14, 2014 - 8:53am | 83Read More...In a report published Friday, Morgan Stanley analyst David Risinger reiterated an Overweight rating on Pfizer (NYSE: PFE), and raised the price target from $34.00 to $36.00. In the report, Morgan Stanley noted, “We believe Pfizer can outperform the pharma group given its potential for positive...
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UPDATE: Morgan Stanley Reiterates On Perrigo Company Following Solid Analyst Day
Monday, March 3, 2014 - 10:39am | 98Read More...In a report published Monday, Morgan Stanley analyst David Risinger reiterated an Overweight rating on Perrigo Company (NYSE: PRGO), but removed the $167.00 price target. In the report, Morgan Stanley noted, “Double-digit EPS growth looks durable. Perrigo hosted a comprehensive business review and...
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Morgan Stanley is Awaiting Approvals and M&A on Mylan in the Wake of P/E Re-Rating
Friday, February 28, 2014 - 11:30am | 155Read More...In a report published Friday, Morgan Stanley analyst David Risinger reiterated an Equal-Weight rating on Mylan (NASDAQ: MYL). In the report, Morgan Stanley noted, “MYL's multiple has re-rated; we see a balanced risk-reward ahead of NT binary events. MYL shares are currently trading at 16x our...
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UPDATE: Morgan Stanley Upgrades Forest Laboratories Ahead of Further Financial Upside
Tuesday, February 18, 2014 - 9:09am | 138Read More...In a report published Tuesday, Morgan Stanley analyst David Risinger upgraded the rating on Forest Laboratories (NYSE: FRX) from Equal-Weight to Overweight, and named an $86.00 price target. In the report, Morgan Stanley noted, “Our Base Case is an earnings and multiple call: cons under-estimates...
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Morgan Stanley Says Allergan Management is Still Optimistic
Tuesday, February 11, 2014 - 10:16am | 190Read More...In a report published Tuesday, Morgan Stanley analyst David Risinger reiterated an Equal-Weight rating on Allergan (NYSE: AGN). In the report, Morgan Stanley noted, “Although consensus turned negative in 2013 on DARPin, mgmt is still hopeful that DARPin may offer greater durability (fewer...
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UPDATE: Morgan Stanley Increases PT on Actavis Due to Enhanced Visibility and Interest in M&A
Monday, February 3, 2014 - 9:23am | 164Read More...According to a report published Monday, Morgan Stanley analyst David Risinger raised the price target on Actavis (NYSE: ACT) following the recent Investor's Day. Risinger believed in the 2014 management being able to achieve the higher end of EPS estimates. CEO Paul Bisaro anticipated several...
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UPDATE: Morgan Stanley Reiterates on AbbVie After Competitor's Schizophrenia Drug Fails
Tuesday, December 17, 2013 - 10:22am | 90Read More...In a report published Tuesday, Morgan Stanley analyst David Risinger reiterated an Overweight rating on AbbVie (NYSE: ABBV), but removed the $57.00 price target. In the report, Morgan Stanley noted, “Targacept's (not covered) cognitive deficits in schizophrenia (CDS) drug, TC-5619, failed. This...
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UPDATE: Morgan Stanley Reiterates on Pfizer Following Investor Relations Lunch
Friday, December 13, 2013 - 12:36pm | 136Read More...In a report published Friday, Morgan Stanley analyst David Risinger reiterated an Overweight rating on Pfizer (NYSE: PFE), but removed the $33.00 price target. In the report, Morgan Stanley noted, “We hosted Chuck Triano and Ryan Crowe from Pfizer Investor Relations for lunch in NYC on Thurs. Dec...
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UPDATE: Morgan Stanley Upgrades Bristol-Myers Squibb Co. on Potential of New Cancer Drugs
Monday, October 28, 2013 - 9:04am | 89Read More...In a report published Monday, Morgan Stanley analyst David Risinger upgraded the rating on Bristol-Myers Squibb Co. (NYSE: BMY) from Equal-Weight to Overweight, and raised the price target from $45.00 to $60.00. In the report, Morgan Stanley noted, “Upgrading to OW and raising PT from $45 to $60...
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UPDATE: Morgan Stanley Downgrades Mylan on Binary Near-Term Stock Drivers, Robust Long-Term Growth Outlook
Monday, October 14, 2013 - 10:03am | 102Read More...In a report published Monday, Morgan Stanley analyst David Risinger downgraded the rating on Mylan (NASDAQ: MYL) from Overweight to Equal-Weight, and removed the $41.00 price target. In the report, Morgan Stanley noted, “Long-term growth outlook remains robust. We see a compelling pipeline of high...
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UPDATE: Morgan Stanley Upgrades Zoetis on Global Leader Position, Positive Outlook
Friday, October 4, 2013 - 11:34am | 107Read More...In a report published Friday, Morgan Stanley analyst David Risinger upgraded the rating on Zoetis (NYSE: ZTS) from Equal-Weight to Overweight, and named a $36.00 price target. In the report, Morgan Stanley noted, “Zoetis is a global leader in animal health, and we expect mgmt. to deliver mid-teens...
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UPDATE: Morgan Stanley Downgrades Teva Pharmaceutical on Earnings Pressure
Monday, August 5, 2013 - 9:16am | 121Read More...In a report published Monday, Morgan Stanley analyst David Risinger downgraded Teva Pharmaceutical (NYSE: TEVA) from Equal-Weight to Underweight, and removed the $40.00 price target. In the report, Morgan Stanley noted, “Earnings face significant pressure in 2014-2017E when Copaxone, Treanda,...
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UPDATE: Morgan Stanley Upgrades Mylan on Earnings and Multiple Call
Friday, August 2, 2013 - 8:05am | 95Read More...In a report published on Friday, Morgan Stanley analyst David Risinger upgraded Mylan (NASDAQ: MYL) from Equal-weight to Overweight and set a $41 price target. In the report, Morgan Stanley stated, "We are upgrading MYL shares from EW to OW and setting a price target of $41, or 11x 2015E EPS of...
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UPDATE: Morgan Stanley Lowers PT on Teva Pharmaceutical Following Lowered EPS Estimates
Wednesday, July 31, 2013 - 9:12am | 137Read More...In a report published Wednesday, Morgan Stanley analyst David Risinger reiterated an Equal-Weight rating on Teva Pharmaceutical (NYSE: TEVA), but lowered the price target from $42.00 to $40.00. In the report, Morgan Stanley noted, “We are lowering 2014-2017E EPS ests. by 4-13% and PT from $42...

