Goldman Sachs Lifts Estimates and Price Target on Teva Pharma (TEVA)

June 24, 2009 7:03 AM EDT

Goldman Sachs lifts estimates and its price target on Teve Pharma (Nasdaq: TEVA) to $54. The firm sees solid growth through 2012 and reiterates their Conviction Buy List rating.

The firm raised 2009 EPS 2% to $3.36, FY10 was lifted 3% to $4.42, FY11 was lifted 1% to $4.72 and new FY12 EPS of $5.34.



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