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Biotech / Medical : Elan Corporation, plc (ELN)

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From: sjemmeri6/9/2011 1:55:29 PM
2 Recommendations   of 10345
 
UBS upgraded Elan Corp (ELN, $10.22, +$0.56, +5.80%) (ELN.DB) to buy from neutral and added it to its top 20 key calls list. The firm said a proprietary survey of multiple sclerosis specialists suggests the market position of Elan's MS drug Tysabri against Novartis' (NOVN.VX) Gilenya is secure. As a result, UBS raised its 2015 Tysabri sales estimate to $2.6 billion from $2.1 billion, well ahead of consensus.
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