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Biotech / Medical : Analysts and Calls -- Prudential

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To: Icebrg who started this subject11/21/2002 12:08:20 PM
From: Icebrg   of 3
 
RESEARCH ALERT-Prudential starts Chiron with 'hold' rating
Thursday November 21, 12:00 pm ET

NEW YORK, Nov 21 (Reuters) - Prudential Securities analyst John Sonnier on Thursday started coverage of Chiron Corp. (CHIR) with a "hold" rating, saying the biotechnology company is in transition and should see lagging earnings growth over the next 18 months.

Sonnier placed a 12-month $41 price target on the stock, which closed at $40.87 on Wednesday.
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