Maxim Group Downgrades Medivation (MDVN) to Hold Amid Takeover

August 23, 2016 11:56 AM EDT
Get Alerts MDVN Hot Sheet
Price: $81.44 --0%

Rating Summary:
    14 Buy, 18 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 10 | Down: 30 | New: 42
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Maxim Group downgraded Medivation (NASDAQ: MDVN) from Buy to Hold with a price target of $81.50 (from $76.00) after the company agreed to be acquired by Pfizer for $81.50 a share in cash.

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

Shares of Medivation closed at $80.42 yesterday.

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