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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (2160)2/13/2008 12:25:13 PM
From: Jibacoa  Respond to of 3722
 
GENZ is having problems trying to stay above the $77 level in spite of reporting again double digit improvements on revenues & earnings in the 4thQ.

bigcharts.marketwatch.com

Its CEO said that they continue to build the company to meet their goal of 20% compound earnings growth through 2011.

They expect revenue to reach $4.5-$4.7B in 2008, with the sales of Aldurazyme now reflected in its revenues, under an agreement with BMRN. The earnings are projected to increase to approximately $4.00 in 2008 & to approximately $7.00 by 2011.

The stock needs to close above its Jan 17 H of $82.08 before it can make another all time H.

The "analysts" have a target of $86.21, but it seems the stock could get to the high nineties.<g>

bigcharts.marketwatch.com

Bernard