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Credit Suisse Ups Price Target on Medivation (MDVN) from $115 to $122

June 4, 2012 12:03 PM EDT
Get Alerts MDVN Hot Sheet
Price: $81.44 --0%

Rating Summary:
    12 Buy, 17 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 14 | New: 22
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Credit Suisse's Lee Kalowski boosted his price target on shares of Medivation (NASDAQ: MDVN) from $115 to $122 Monday morning. The analyst maintains an Outperform rating.

Analysts at Jefferies and Wedbush also raised their targets on Medivation shares this morning. The bit of optimism follows better-than-expected Phase 3 results on J&J's (NYSE: JNJ) Zytiga.

With Medivation shares down 2 percent to $80.89 at last check, Kalowski's new price target represents potential upside of about 51 percent.

For an analyst ratings summary and ratings history on Medivation click here. For more ratings news on Medivation click here.


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