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Biotech / Medical : QLT PhotoTherapeutics (QLTI) -- Ignore unavailable to you. Want to Upgrade?


To: Scripts who wrote (1213)6/26/2001 4:22:31 PM
From: Ian@SI  Read Replies (2) | Respond to of 1321
 
I think it was Merrill Lynch Canada that cut the target to $40Cdn yesterday...

The analysts just seem to be acknowledging that the current price is much lower than their targets. i.e. Why get 1 brownie point when you can play the same move and get 2 brownie points or more? <g>

Ian.

_+++++++++++

06/25 09:57 QLT Inc. Estimate Cut at Merrill Lynch
QLT Inc. (QLTI US) was maintained near-term ``accumulate'' by analyst Hari Sambasivam at Merrill
Lynch. The 12-18 month price target was cut to C$40 from C$60 per share.

06/14 13:54 QLT Inc. Price Target Cut at HCFP/Brenner
QLT Inc. (QLTI US) was reiterated ``strong buy'' by analyst Samuel Gerszonowicz at HCFP/Brenner
Securities. The 12-to-18-month target price was cut to $39.00 per share from $51.00 per
share.