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UBS Downgrades Pharmasset (VRUS) to Neutral

June 2, 2009 2:55 PM EDT
VRUS Hot Sheet
Rating Summary:
    5 Buy, 10 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
UBS downgrades Pharmasset (Nasdaq: VRUS) from Buy to Neutral.

Traders are shrugging off the UBS downgrade today, and buying shares of Pharmasset. The stock most recently traded at $10.49, up 3%.

Pharmasset, Inc., a clinical-stage pharmaceutical company, focuses on discovering, developing, and commercializing drugs to treat viral infections.

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