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Brean Murray Carret & Co. Starts Baxter Intl (BAX) at Buy

June 15, 2011 6:58 AM EDT
Get Alerts BAX Hot Sheet
Price: $25.91 -3.07%

Rating Summary:
    12 Buy, 15 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Brean Murray Carret & Co. initiates coverage on Baxter Intl (NYSE: BAX) with a Buy. PT $68.

Brean analyst says, "Shares continue to trade at a discount to the group - assuming continued IVIG/Plasma stability, better earnings visibility and new product milestones, we think shares can trade at a slight premium to the group over the next 12 months."

For more ratings news on Baxter Intl click here and for the rating history of Baxter Intl click here.

Shares of Baxter Intl closed at $58.69 yesterday.


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