Goldman Sachs Starts Talecris Biotherapeutics (TLCR) at Neutral

November 10, 2009 8:43 AM EST

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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TLCR 19.65

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