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Goldman Sachs Starts Talecris Biotherapeutics (TLCR) at Neutral

November 10, 2009 8:43 AM EST
TLCR Hot Sheet
Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
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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