Goldman Sachs Downgrades Vertex (VRTX) to Neutral

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Goldman Sachs downgraded Vertex (NASDAQ: VRTX) from Buy to Neutral with a price target of $40 as shares move near their 12-month price target and they see balanced risk/reward.

Goldman continues to view VRTX as a high quality company with innovative R&D.

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

Shares of Vertex closed at $38.38 yesterday, with a 52 week range of $26.50-$58.87.

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