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UPDATE: Morgan Stanley Reiterates On Pharmacyclics On ASCO Data
Monday, June 2, 2014 - 9:08am | 212In a report published Monday, 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, “Two key Imbruvica datasets were presented. The analyst event (6/2) and 3yr follow-up...
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UPDATE: Morgan Stanley Reiterates On Pharmacyclics Following IMS Launch Analysis
Tuesday, May 27, 2014 - 9:55am | 142In 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, “We performed a detailed IMS launch analysis that suggests 2014 nums are too low, but...
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UPDATE: Morgan Stanley Reiterates On Amgen Following AMAGINE-1 Study
Monday, May 12, 2014 - 9:21am | 104In a report published Monday, 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, “The AMAGINE-1 study is the 1st of three PhIII studies for brodalumab (AMAGINE-2 & 3 are...
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UPDATE: Morgan Stanley Reiterates On Celgene Ahead Of Markman Hearing
Monday, May 12, 2014 - 9:07am | 136In 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, “The Markman hearing's main purpose is for Celgene and Natco (the generic filer) to present...
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Morgan Stanley's Top Biotech Pick is Biogen
Thursday, March 27, 2014 - 3:57pm | 435On Thursday, Morgan Stanley initiated coverage on a number of biotech companies, rating both Amgen (NASDAQ: AMGN) and Biogen (NASDAQ: BIIB) at Overweight. Analyst Matthew Harrison expects total group revenues to “double from $175B over the last 5 years to $335B over the next 5 years and total...