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The Key To Alexion's Long-Term Upside Potential, According To Credit Suisse
Thursday, January 18, 2018 - 3:39pm | 376Read More...Shares of Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) have lost more than 10 percent over the past year, but one analyst is confident enough to call for upside to the stock. The Analyst Credit Suisse's Martin Auster initiated coverage of Alexion Pharmaceuticals' stock with an Outperform...
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Eli Lilly's Risks Could Be Underappreciated, Goldman Sachs Says In Downgrade
Tuesday, January 16, 2018 - 1:06pm | 400Read More...The case for buying shares of Eli Lilly and Co (NYSE: LLY) no longer applies, as an analysis of the company's franchise suggests investors are underappreciating the risk surrounding its biggest diabetes franchise, according to Goldman Sachs. The Analyst Goldman Sachs' Jami Rubin...
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Teva's Cost-Cutting Plan Nets A Mizuho Upgrade
Tuesday, January 9, 2018 - 11:56am | 455Read More...After a turbulent 2017, Mizuho analysts now see upside potential for Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA)'s stock. The Analyst Mizuho Securities USA's Irina Koffler upgraded Teva's stock rating from Neutral to Buy with a price target boosted from $16 to $23. The...
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Credit Suisse: Street Expectations 'Too High' For Gilead's Hep C Therapy
Wednesday, December 20, 2017 - 1:23pm | 367Read More...The Street may be too optimistic in its outlook for Gilead Sciences, Inc. (NASDAQ: GILD) — and this isn't a bullish indicator, according to Credit Suisse. The Analyst Credit Suisse's Alethia Young downgraded Gilead's stock rating from Outperform to Neutral with a price target...
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Goldman Sachs: Now Is The Time To Get In On Teva's Turnaround
Friday, December 15, 2017 - 12:01pm | 331Read More...Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) announced Thursday a plan to eliminate more than 25 percent of its worldwide workforce as part of a strategy to slash $3 billion of annual costs. The Analyst Goldman Sachs' Jami Rubin upgraded Teva's stock from Neutral to Buy with...
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Analyst: Despite Industry Woes, Investigations, And Management Shake-Up, Perrigo Is A Buy
Friday, December 8, 2017 - 10:10am | 398Read More...Perrigo Company plc Ordinary Shares (NYSE: PRGO)'s business has faced multiple pressures, including industry-wide price erosion, a legal battle for possible collusion in generic drug pricing along with a management transition. At the same time, some analysts see the bullish case for owning the...
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KeyBanc: Veeva Systems Is A Core Holding In The Cloud Space
Wednesday, December 6, 2017 - 10:10am | 378Read More...Veeva Systems Inc (NYSE: VEEV) reported third-quarter results Tuesday that included a top- and bottom-line beat and encouraging guidance for the coming fiscal quarter and next year. The Analyst KeyBanc Capital Markets' Brent Bracelin maintains an Overweight rating on Veeva Systems' stock...
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Analyst Says Negative Allergan Headlines Are Priced In, Upgrades Stock
Wednesday, November 29, 2017 - 9:48am | 463Read More...Allergan plc Ordinary Shares (NYSE: AGN) have seen heavy selling pressure throughout parts of 2017, but some analysts are encouraging investors to take advantage of the weakness. The Analyst Morgan Stanley's David Risinger upgraded Allergan's stock rating from Equal-weight to Overweight...
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How Important Is Zynerba's ZYN002 For Children Who Have Fragile X Syndrome?
Thursday, September 28, 2017 - 10:43am | 959Read More...Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) traded up as much as 82.6 percent Thursday after reporting positive top-line results for its uncontrolled phase 2 study of ZYN002 in children with Fragile X syndrome. The synthetic cannabinoid transdermal gel “successfully met its primary endpoint...
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Exclusive: Insmed CEO Lives By Motto 'There Is No Finish Line'
Monday, September 11, 2017 - 1:17pm | 770Read More...It was a good month for Insmed Incorporated (NASDAQ: INSM). On Sept. 5, the company released positive phase 3 data for ALIS in the treatment of nontuberculous mycobacterial lung disease, inspiring a doubling in stock price and “elation” in the long-toiling staff. “This data...
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What Pharmaceuticals Spend On Lobbying To Influence Trump
Saturday, September 9, 2017 - 4:28pm | 719Read More...Pharmaceuticals need a palliative in the age of Donald Trump. Even before taking office, the president threatened the industry’s profit model with a commitment to lower treatment prices. He accused drugmakers of “getting away with murder” and suggested “new bidding...
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Gilead Gets An Upgrade Amid 'Game-Changing' Kite Deal
Thursday, August 31, 2017 - 9:48am | 487Read More...It’s taking time, but three days after Gilead Sciences, Inc. (NASDAQ: GILD) announced its acquisition of Kite Pharma Inc (NASDAQ: KITE), the Street seems to be deciding it’s a good thing. Gilead’s stock traded up a modest 2.5 percent and three analysts reiterated Hold ratings...
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Small Biotechs Could Hurt From Scarcity Of Cancer Trial Participants
Wednesday, August 16, 2017 - 8:36am | 527Read More...It turns out you can have too much of a good thing. The 1,000-plus immunotherapy trials and competition to develop proprietary versions of virtually the same drugs may prove inhibitory to cancer research, according to the New York Times. The conditions leave clinical researchers competing for the...
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Valeant Investors: Cantor Says It's Time To Stop Waiting For The Other Shoe To Drop
Thursday, June 29, 2017 - 8:50am | 403Read More...Analysts at Cantor Fitzgerald turned incrementally bullish on Valeant Pharmaceuticals Intl Inc (NYSE: VRX) after the once-troubled pharmaceutical company is showing signs of sustaining momentum. Cantor Fitzgerald's Louise Chen maintains an Overweight rating on Valeant's stock with a price...
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Valeant Soars 14% After Encouraging Q1, Raised Guidance
Tuesday, May 9, 2017 - 8:06am | 298Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) rose about 14 percent early Tuesday morning after the troubled pharmaceutical company reported an encouraging first quarter earnings report and guidance raise. Valeant reported a first quarter GAAP earnings per share of $1.79, which marks an...
















