momo-T/FIF Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : momo-T/FIF

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: mopgcw	1/6/2006 4:20:33 AM
	of 12215

UPDATE 1-RESEARCH ALERT-CSFB cuts Genentech, three others Thu Jan 5, 2006 01:15 PM ET (Recasts throughout, adds other companies) Jan 5 (Reuters) - Credit Suisse First Boston on Thursday downgraded the biotechnology sector to "marketweight" from "overweight." The brokerage firm downgraded four companies but raised its rating on Cytokinetics. It also raised or lowered its price targets on several other companies. In a research note, CSFB named Genzyme Corp. (GENZ.O: Quote, Profile, Research) as its top large-cap pick. The following table lists the brokerage's the rating and price target changes for the companies. Company Rating Price Target Current Prior Genentech Inc. Neutral Outperform $100 -- Biogen Idec Inc. Underperform Neutral $44 $42 ImClone Systems Inc. Underperform Neutral $31 $33 Theravance Inc. Underperform Neutral $18 $22 Cytokinetics Inc. Neutral Underperform $8 $6 Gilead Sciences Inc. Neutral $55 $54 MedImmune Inc. Neutral $34 $31 Vertex Pharmaceuticals Inc. Outperform $33 $30 Neurocrine Biosciences Inc. Outperform $73 $65 Icos Corp. Outperform $39 $40 Myogen Inc. Outperform $40 $34 The brokerage also said it increased its price targets on Myriad Genetics Inc. , Abgenix Inc., while lowereing its price targets on Human Genome Sciences Inc. , Millennium Pharmaceuticals Inc. and Rigel Pharmaceuticals Inc. The brokerage did not give details about the price target changes on these companies. (Reporting by Rakesh Sharma in Bangalore)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next