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Johnson & Johnson Ups Forecast, Beats On EPS—But Wall Street Is Cautious
Thursday, July 17, 2025 - 11:37am | 469Shares of Johnson & Johnson (NYSE:JNJ) are under pressure Thursday, despite a strong second-quarter earnings report. Here are some key analyst takeaways. BofA Securities analyst Tim Anderson reiterated a Neutral rating, while raising the price target from $161 to $175. Guggenheim Securities...
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After FDA Rejects Acadia Dementia Drug, Analysts Lament Lack Of Near-term Stock Drivers
Tuesday, April 6, 2021 - 5:36pm | 694ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) shares came under pressure Monday after the Food and Drug Administration (FDA) rejected its regulatory application seeking label expansion for its dementia drug. The Acadia Analysts: Goldman Sachs analyst Salveen Richter downgraded Acadia shares...
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Lilly Awash In Catalysts, Pipeline Updates, Mizuho Says In Upgrade
Tuesday, January 19, 2021 - 3:42pm | 437Eli Lilly And Co (NYSE: LLY) received an upgrade from a Mizuho Securities analyst ahead of a key data readout in March. The Lilly Analyst: Vamil Divan upgraded Lilly shares from Neutral to Buy and increased the price target from $164 to $222. The Lilly Thesis: Lilly has navigated through a...
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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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Credit Suisse Stays Sidelined On Teva: 'Our Growth Expectations Are Below That Of The Company'
Thursday, February 14, 2019 - 2:34pm | 457Teva Pharmaceutical Industries Ltd (NYSE: TEVA) reported disappointing fourth-quarter earnings Wednesday before the market open, sending its shares down about 8 percent. The Analyst Credit Suisse analyst Vamil Divan maintained a Market Perform rating and lowered the price target for Teva shares...
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Credit Suisse Lifts Teva Price Target, Says Execution Is Key For Migraine Drug
Monday, September 17, 2018 - 3:07pm | 466FDA approval of Teva Pharmaceutical Industries Ltd (ADR) ADR (NYSE: TEVA)'s migraine preventive medication Ajovy led Credit Suisse to raise its price target for the stock Monday. The Analyst Credit Suisse analyst Vamil Divan maintained a Neutral rating on the shares of Teva and...
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Sympathy Move: Portola Upgraded After Competitor Reports Sour Data
Monday, August 27, 2018 - 10:31am | 438Portola Pharmaceuticals Inc (NASDAQ: PTLA), a biotech focusing on thrombosis, other hematological disorders and inflammation, received a one-notch upgrade from Credit Suisse. The Analyst Analyst Vamil Divan upgraded Portola from Underperform to Neutral and raised the price target from $...
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Credit Suisse Downgrades AbbVie On Humira Competitive Concerns
Wednesday, May 30, 2018 - 12:28pm | 289AbbVie Inc (NYSE: ABBV)'s stock is up 51 percent year-over-year, but its lifeblood may be draining. The Rating Credit Suisse analysts Vamil Divan and Michael Morabito downgraded AbbVie to Underperform and lowered their price target from $104 to $89. The Thesis The analysts attribute AbbVie...
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Portola Pharma Rips 20% Higher After FDA Approves Andexxa Antidote
Friday, May 4, 2018 - 2:14pm | 504Portola Pharmaceuticals Inc (NASDAQ: PTLA) shares reclaimed the $40 level for the first time since February after a positive FDA decision on a drug meant to reverse anticoagulation brought about by drugs such as Bayer AG (ADR) (OTC: BAYRY)'s rivaroxaban, and apixaban jointly developed by...
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Teva's 'Achievable' 2018 Outlook, Restructuring Plan Trigger Credit Suisse Upgrade
Monday, February 12, 2018 - 10:52am | 392Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) announced a restructuring program late last year that is now showing some signs of early success, according to Credit Suisse. The Analyst Credit Suisse's Vamil Divan upgraded Teva's stock rating from Neutral to Outperform with a...
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Eli Lilly's Challenges Leaves Credit Suisse With A 'Sour Taste'
Monday, January 22, 2018 - 11:44am | 373Analysts at Credit Suisse downgraded Eli Lilly and Co (NYSE: LLY) in October and just three months later, the firm believes another downgrade is warranted. The Analyst Credit Suisse's Vamil Divan downgraded Eli Lilly's stock from Neutral to Underperform with a price target lowered...
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Credit Suisse Upgrades Teva After Job Cuts Announced
Friday, December 15, 2017 - 1:51pm | 427Impressed with the turnaround initiatives at Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA), an analyst at Credit Suisse upgraded the company's shares. The Analyst Credit Suisse analyst Vamil Divan upgraded shares of Teva from Underperform to Neutral and increased the price...
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Could The Street Be Underappreciating The Ironwood Pharma Pipeline?
Monday, November 27, 2017 - 2:31pm | 540Ironwood Pharmaceuticals, Inc. (NASDAQ: IRWD) has a lot cooking and its spread appeals to the Street's appetite. The pharma firm caught a Buy rating Monday to compound three existing Buys and two Holds — each of which correspond with price targets that assume an upside for the stock....
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7 Catalysts For Eli Lilly Over The Next Year
Tuesday, October 10, 2017 - 10:33am | 479Credit Suisse in a note Monday listed seven catalysts for Eli Lilly and Co (NYSE: LLY) shares over the coming year even as it downgraded the shares of the company on the pretext that there are limited drivers of further upside after the stock's recent run, which lifted it by 13 percent since mid-...
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Playing The US Pharma Space: Buy Portola, Hold Corvus, Sell Teva
Thursday, August 24, 2017 - 1:46pm | 820Ahead of an expected uptick in news flow next month, Credit Suisse reviewed its ratings and price targets on the shares of several pharma companies, keeping in mind the fiscal year 2017 and the first-half of 2018. The firm downgraded shares of Teva Pharmaceutical Industries Ltd (ADR) (NYSE:...