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Pfizer Analysts See 'Surprisingly Strong' Vaccine Updates In Q2, Question Biopharma's Blockbuster Potential
Wednesday, July 29, 2020 - 11:30am | 1009Pfizer Inc. (NYSE: PFE) reported forecast-beating second-quarter results Tuesday and raised its full-year guidance. The beat-and-raise quarter — and an update on its coronavirus vaccine program — sent the biopharma's shares higher by 3.94%. The Pfizer Analysts: BofA Securities...
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Gilead Analysts See Questionable Commercial Opportunity For Coronavirus Candidate Remdesivir
Friday, May 1, 2020 - 3:00pm | 851Gilead Sciences, Inc. (NASDAQ: GILD) reported an earnings and sales beat Thursday, but apprehension surrounding the drugmaker's remdesivir, under evaluation as a potential COVID-19 treatment, are weighing down on the stock. The Gilead Analysts Wells Fargo Securities analyst Jim...
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Teva's Legal Overhang Triggers UBS Downgrade, Near-Halving Of Price Target
Wednesday, May 29, 2019 - 2:23pm | 355Teva Pharmaceutical Industries Ltd (NYSE: TEVA) shares have been under pressure since mid-May, when it was accused along with other generic companies for inflating the prices of generic drugs. The Israeli drugmaker announced an $85-million settlement agreement Tuesday with the state of...
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Is Intercept Pharma's Updated Late-Stage NASH Data A Sell-The-News Event?
Thursday, April 11, 2019 - 11:26am | 673Intercept Pharmaceuticals Inc (NASDAQ: ICPT) announced additional positive data from its pivotal Phase 3 REGENERATE trial Wednesday. The trial is evaluating Intercept's obeticholic acid, or OCA, in patients with liver fibrosis due to non-alcoholic steatohepatitis, or NASH. The new data...
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Teva Has Potential For 6% CAGR Ahead, UBS Says In Upgrade
Wednesday, January 23, 2019 - 12:00pm | 347Teva Pharmaceutical Industries Ltd (NYSE: TEVA) stock is down 73 percent from its 2015 peak — and it's nearly struck bottom, with recovery just around the corner, in UBS' view. The Analyst Analyst Navin Jacob upgraded Teva from Neutral to Buy and raised the price target...