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Biotech / Medical : Pharmacopeia, Inc. (ACCL) (Prev: PCOP)
ACCL 4.000-1.2%Nov 5 3:59 PM EST

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To: david thor who wrote (95)6/24/1998 11:14:00 PM
From: david thor  Read Replies (1) of 179
 
Finally, here's the news we were, I guess, looking for. I'd like to know more behind the reasoning, but a summary is all I could find. I suppose it does set the stage for PCOP to outperform. I'd like to see more than just one analysis, though, and the full text of this one. It did seem to be a rather large estimate cut, although a 12-month goal of 23 would hardly seem to be the sole reason to pull back from around 17.

Pharmacopeia Inc Maintained 'Strong Buy' at BT Alex. Brown

Princeton, New Jersey, June 24 (Bloomberg Data) -- Pharmacopeia Inc. (PCOP US) was maintained ''strong buy'' by analyst Kevin C. Tang at BT Alex. Brown Incorporated. Tang cut his 12-month price target to $23 from $32 per share.
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