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UPDATE: Morgan Stanley Reiterates On Amgen, Inc. As Brodalumab Doesn't Need To Be Forgotten
Wednesday, September 17, 2014 - 9:50am | 106In a report published Wednesday, Morgan Stanley analyst Matthew Harrison reiterated an Overweight rating on Amgen, Inc. (NASDAQ: AMGN), but removed the $143.00 price target. In the report, Morgan Stanley noted, “Amgen is developing brodalumab together with AstraZeneca. We currently model Amgen...
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UPDATE: Morgan Stanley Reiterates On Pharmacyclics, Inc. Following VA Contract News
Thursday, September 11, 2014 - 9:53am | 106In a report published Thursday, Morgan Stanley analyst Matthew Harrison reiterated an Equal-Weight rating on Pharmacyclics, Inc. (NASDAQ: PCYC), but removed the $101.00 price target. In the report, Morgan Stanley noted, “This morning the Veterans Affairs National Acquisition Center posted a...
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UPDATE: Morgan Stanley Reiterates On Amgen, Inc. Following Healthcare Conference
Thursday, September 11, 2014 - 8:54am | 181In a report published Thursday, Morgan Stanley analyst Matthew Harrison reiterated an Overweight rating on Amgen, Inc. (NASDAQ: AMGN), but removed the $143.00 price target. In the report, Morgan Stanley noted, “We highlight key takeaways from Amgen's presentation at our Healthcare Conference. "High...
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UPDATE: Morgan Stanley Reiterates On Regeneron Pharmaceuticals Ahead Of Conference Call
Tuesday, September 2, 2014 - 9:36am | 138In a report published Tuesday, Morgan Stanley analyst Matthew Harrison reiterated an Equal-Weight rating on Regeneron Pharmaceuticals (NASDAQ: REGN), but removed the $310.00 price target. In the report, Morgan Stanley noted, “We believe positive data is already priced into REGN and expect minimal...
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UPDATE: Morgan Stanley Reiterates On Biogen Idec Following Plegridy Approval
Monday, August 18, 2014 - 7:50am | 114In a report published Monday, Morgan Stanley analyst Matthew Harrison reiterated an Overweight rating on Biogen Idec (NASDAQ: BIIB), but removed the $395.00 price target. In the report, Morgan Stanley noted, “Friday's approval was in-line with expectations following a 3 month PDUFA date extension....
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UPDATE: Morgan Stanley Reiterates On Celgene As EU Patents Risk May Be Underappreciated
Wednesday, July 16, 2014 - 10:50am | 126In a report published Wednesday, Morgan Stanley analyst Matthew Harrison reiterated an Equal-Weight rating on Celgene (NASDAQ: CELG), but removed the $75.00 price target. In the report, Morgan Stanley noted, “Risks to EU patents may be underappreciated by consensus as Revlimid could go generic as...
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UPDATE: Morgan Stanley Reiterates On Regeneron Pharmaceuticals Following Good Results Of Drug Study
Thursday, July 10, 2014 - 10:03am | 115In a report published Thursday, Morgan Stanley analyst Matthew Harrison reiterated an Equal-Weight rating on Regeneron Pharmaceuticals (NASDAQ: REGN), but removed the $310.00 price target. In the report, Morgan Stanley noted, “Dupilumab (IL-4R antibody) achieved statistical significant reductions...
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UPDATE: Morgan Stanley Reiterates On Gilead Sciences On EM Sovaldi
Monday, June 30, 2014 - 8:53am | 131In a report published Monday, Morgan Stanley analyst Matthew Harrison reiterated an Equal-Weight rating on Gilead Sciences (NASDAQ: GILD), but removed the $75.00 price target. In the report, Morgan Stanley noted, “While we acknowledge that the bull case of emerging market (EM) revenues backstopping...
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UPDATE: Morgan Stanley Initiates Coverage On Infinity Pharmaceuticals On Data Upside Driver
Wednesday, June 25, 2014 - 9:40am | 76In a report published Wednesday, Morgan Stanley analyst Matthew Harrison initiated coverage on Infinity Pharmaceuticals (NASDAQ: INFI) with an Overweight rating and $17.00 price target. In the report, Morgan Stanley noted, “Differentiated data in iNHL represents a viable path to market for Infinity...
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Shares Of ImmunoGen Down On Morgan Stanley's Bearish Initiation
Wednesday, June 25, 2014 - 8:26am | 197Citing “no upside driver beyond Kadcyla,” Morgan Stanley initiated coverage on ImmunoGen (NASDAQ: IMGN) with an Underweight rating and $10 price target (22.2 percent downside). In the best case scenario, Morgan Stanley analyst Matthew Harrison sees Kadcyla capturing 50 percent of...
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UPDATE: Morgan Stanley Reiterates On Celgene On AG-221 Potential
Monday, June 16, 2014 - 9:26am | 198In a report published Monday, Morgan Stanley analyst Matthew Harrison reiterated an Equal-Weight rating on Celgene (NASDAQ: CELG), but removed the $150.00 price target. In the report, Morgan Stanley noted, “Agios' AG-221 is a targeted therapy for AML (IDH2m or ~15% of all AML) which Celgene...
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UPDATE: Morgan Stanley Reiterates On Amgen On New CFO
Tuesday, June 10, 2014 - 9:20am | 175In a report published Tuesday, Morgan Stanley analyst Matthew Harrison reiterated an Overweight rating on Amgen (NASDAQ: AMGN), but removed the $140.00 price target. In the report, Morgan Stanley noted, “David W. Meline, former CFO of 3M, appointed new CFO: Meline joins from 3M where he served as...
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UPDATE: Morgan Stanley Reiterates On Biogen Idec As Positive RPC1063 Data Poses Threat To Tecfidera
Tuesday, June 10, 2014 - 9:16am | 147In a report published Tuesday, Morgan Stanley analyst Matthew Harrison reiterated an Overweight rating on Biogen Idec (NASDAQ: BIIB), but removed the $395.00 price target. In the report, Morgan Stanley noted, “RPC1063 is an oral S1P1 receptor modulator (same as Novartis' Gilenya) which could...
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UPDATE: Morgan Stanley Reiterates On Biogen Idec Following Good News On Eloctate
Monday, June 9, 2014 - 10:00am | 123In a report published Monday, Morgan Stanley analyst Matthew Harrison reiterated an Overweight rating on Biogen Idec (NASDAQ: BIIB), but removed the $395.00 price target. In the report, Morgan Stanley noted, “Eloctate is the second product in Biogen's hemophilia franchise to be approved (Alprolix...
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UPDATE: Morgan Stanley Reiterates On Pharmacyclics Following Investor Event
Tuesday, June 3, 2014 - 8:02am | 190In a report published Tuesday, Morgan Stanley analyst Matthew Harrison reiterated an Equal-Weight rating on Pharmacyclics (NASDAQ: PCYC), but removed the $100.00 price target. In the report, Morgan Stanley noted, “Mgt hosted an investor event. Three KOLs from the RESONATE study responded to mgt....