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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer -- Ignore unavailable to you. Want to Upgrade?


To: Icebrg who wrote (1514)8/29/2004 3:57:31 PM
From: Icebrg  Respond to of 1826
 
MGI Pharma "outperform"

Monday, August 16, 2004 8:22:40 AM ET
Robert W. Baird

NEW YORK, August 16 (New Ratings) - Analysts at Robert W Baird maintain their "outperform" rating on MGI Pharma (MOGN.NAS). The target price is set to $35.

In a research note published this morning, the analysts mention that the company's share price is under significant pressure on account of reimbursement related issues. MGI Pharma's near-term results are, however, expected to be robust, the analysts say. The company's stock is attractively valued at present, according to Robert W Baird.