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Mizuho Securities Downgrades Cubist Pharmaceuticals Post Acquisition Announcement
Tuesday, December 9, 2014 - 1:14pm | 261Mizuho Securities downgraded Cubist Pharmaceuticals Inc (NASDAQ: CBST) Tuesday from Buy to Neutral and raised its price target from $97 to $102. Analyst Mario Corso noted that after the "market close [Monday] 4 of 5 Cubicin patents were invalidated via court decision, making generics...
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UPDATE: Mizuho Securities Downgrades Auxilium Pharmaceuticals
Friday, October 10, 2014 - 2:56pm | 200Mizuho Securities downgraded Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) from Buy to Neutral and lowered its price target from $37 to $33 in a report issued Friday. On Thursday, Endo Health Solutions Inc (NASDAQ: ENDP) announced it would acquire Auxilium in a $2.6 billion cash and stock...
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UPDATE: Mizuho Securities Reiterates On Auxilium Pharmaceuticals On Cost Savings/Taxes
Wednesday, September 17, 2014 - 10:10am | 129In a report published Wednesday, Mizuho Securities analyst Mario Corso reiterated a Buy rating on Auxilium Pharmaceuticals (NASDAQ: AUXL), and raised the price target from $33.00 to $37.00. In the report, Mizuho Securities USA noted, “Last night's ENDP bid of $28.10/AUXL share is below 2014 high...
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Mizuho Raises Price Target For Salix Pharmaceuticals
Tuesday, July 1, 2014 - 11:51am | 114In a report released Tuesday, Mizuho analyst Mario Corso increased the firm's price target on Salix Pharmaceuticals (NASDAQ: SLXP) by 15 percent from $131 to $151. Analysts at Mizuho are bullish on Xifaxan IBS top line data, anticipating approval in the first half of 2015. Salix's...
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Mizuho Securities Reiterates Buy on Questcor Pharmaceuticals on Stock Price Weakness
Tuesday, November 26, 2013 - 11:59am | 116In a report published Tuesday, Mizuho Securities USA analyst Mario Corso reiterated a Buy rating and $93.00 price target on Questcor Pharmaceuticals (NASDAQ: QCOR). In the report, Mizuho Securities USA noted, “In the wake of today's stock price weakness on short report that FTC will challenge...
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UPDATE: Mizuho Securities Upgrades Cubist Pharmaceuticals on Pending Acquisitions of Optimer and Trius
Wednesday, October 9, 2013 - 11:51am | 128In a report published Wednesday, Mizuho Securities analyst Mario Corso upgraded the rating on Cubist Pharmaceuticals (NASDAQ: CBST) from Neutral to Buy, and raised the price target from $50.00 to $77.00. In the report, Mizuho Securities noted, “We are upgrading our rating on CBST shares to Buy...
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Avanir Shares Rebound As Analysts Offer Defense On Heels of 13% Drop
Thursday, September 12, 2013 - 4:26pm | 246Avanir Pharmeceuticals (NASDAQ: AVNR) stock plummeted yesterday after Gravity Research said Avanir, “engaged in illegal off-label marketing of Nuedexta,” and recommended a strong Sell. Shares closed at $4.79 on Wednesday, a 13 percent decrease. This was the biggest drop of AVNR in three years...