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UPDATE: Jefferies Downgrades Warner Chilcott on Pending ACT Acquisition
Monday, June 24, 2013 - 8:34am | 142In a report published on Monday, Jefferies analyst Corey Davis downgraded Warner Chilcott (NASDAQ: WCRX) from Buy to Hold and maintained a price target of $20. In the report, Jefferies stated, "Our move is not tied to any fundamental change in our thesis, but rather stems from Actavis' (ACT,...
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UPDATE: Jefferies Raises PT on AcelRx Pharmaceuticals Following Model Assumption Updates
Tuesday, June 18, 2013 - 10:26am | 124In a report published Tuesday, Jefferies analyst Corey Davis reiterated a Buy rating on AcelRx Pharmaceuticals (NASDAQ: ACRX), and raised the price target from $8.00 to $13.00. In the report, Jefferies noted, “We are making numerous model adjustments as we move closer to an NDA filing for ARX-...
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UPDATE: Jefferies Raises PT on Forest Laboratories Following New Board Member Announcement
Wednesday, June 12, 2013 - 11:32am | 128In a report published Wednesday, Jefferies analyst Corey Davis reiterated a Buy rating on Forest Laboratories (NYSE: FRX), and raised the price target from $43.00 to $48.00. In the report, Jefferies noted, “In an effort to avert a 3rd proxy battle, FRX announced a new, Carl Icahn-designated...
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UPDATE: Jefferies Raises PT on Endo Health Following DeSilva Public Appearance
Friday, June 7, 2013 - 12:33pm | 113In a report published Friday, Jefferies analyst Corey Davis reiterated a Buy rating on Endo Health Solutions (NASDAQ: ENDP), and raised the price target from $37.00 to $45.00. In the report, Jefferies noted, “ENDP CEO Rajiv DeSilva made his 1st public appearance at our conference today. Despite...
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UPDATE: Jefferies Raises PT on Salix Pharmaceuticals on Street Estimates Upside
Tuesday, May 28, 2013 - 10:16am | 130In a report published Tuesday, Jefferies analyst Corey Davis reiterated a Buy rating on Salix Pharmaceuticals (NASDAQ: SLXP), and raised the price target from $63.00 to $70.00. In the report, Jefferies noted, “Apriso for ulcerative colitis is SLXP's 2nd biggest drug. It's seen a marked boost...
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UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Actavis on WCRX Acquisition Announcement
Tuesday, May 21, 2013 - 10:25am | 121In a report published Tuesday, Jefferies analyst Corey Davis reiterated a Hold rating on Actavis (NYSE: ACT), and raised the price target from $120.00 to $133.00. In the report, Jefferies noted, “ACT buying WCRX makes sense strategically and financially, but given the stock run subsequent to a...
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Jefferies & Company Likes Endo Pharmaceuticals (ENDP) Acquisition Plans
Thursday, May 6, 2010 - 9:17am | 168Jefferies & Company analysts Corey Davis, Graig Suvannavejh and Oren G. Livnat maintained their Buy rating for shares of Endo Pharmaceuticals (NASDAQ: ENDP), with a price target of $26 per share. The analysts wrote that after announcing plans to acquire HealthTronics Inc. (NASDAQ: HTRN) for $...