Goldman Sachs Starts Talecris Biotherapeutics (TLCR) at Neutral
Goldman Sachs initiates coverage on Talecris Biotherapeutics (Nasdaq: TLCR) with a Neutral rating and a 12-month price target of $24.
The firm said the market currently values the stock at trough earnings, as TLCR is in the early stages of what we believe will be a multi-year turnaround. Over the next several quarters, they expect TLCR to accelerate gross profit growth.
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