Natixis Bleichroeder Downgrades WuXi PharmaTech (WX) to Hold

August 12, 2009 2:24 PM EDT

Natixis Bleichroeder downgrades WuXi PharmaTech Inc. (NYSE: WX) from Buy to Hold with a $13 price target.

Shares of WX are up 18.6% today following second quarter results after the close.

WuXi PharmaTech (Cayman) Inc., through its subsidiaries, operates as a pharmaceutical, biotechnology, and medical device research and development outsourcing company in the People's Republic of China and the United States.


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