Brean Murray Carret & Co. Starts InterMune Inc. (ITMN) at Buy; Undervalued EU Opportunity

July 13, 2011 7:15 AM EDT
Get Alerts ITMN Hot Sheet
Price: $73.89 --0%

Rating Summary:
    8 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 9 | New: 24
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Brean Murray Carret & Co. initiates coverage on InterMune Inc. (NASDAQ: ITMN) with a Buy. PT $50.

Brean analyst says, "ITMN is beginning to launch Esbriet, a newly approved drug for the treatment of a fatal disease, IPF, in the European Union. We believe the market opportunity for Esbriet can peak at $1 billion per year."

For more ratings news on InterMune Inc. click here and for the rating history of InterMune Inc. click here.

Shares of InterMune Inc. closed at $35.47 yesterday.


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Brean Murray Carret & Co.