Brean Murray Carret & Co. Upgrades Vivus (VVUS) to Hold; Removed From N-T Conviction List as Large Panel Vote Surprises
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Price: $0.47 --0%
Rating Summary:
3 Buy, 6 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 6 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Brean Murray Carret & Co. upgraded Vivus (NASDAQ: VVUS) from Sell to Hold.
Brean analyst said, "...If Qnexa is approved near-term, its lead time over the competition should afford it robust enough sales to make any required Phase 4 safety program less than taxing. Our rating therefore, has been upgraded to Hold, and VVUS has been removed from our Near-Term Conviction Focus list."
For an analyst ratings summary and ratings history on Vivus click here. For more ratings news on Vivus click here.
Shares of Vivus closed at $10.55 yesterday.
Brean analyst said, "...If Qnexa is approved near-term, its lead time over the competition should afford it robust enough sales to make any required Phase 4 safety program less than taxing. Our rating therefore, has been upgraded to Hold, and VVUS has been removed from our Near-Term Conviction Focus list."
For an analyst ratings summary and ratings history on Vivus click here. For more ratings news on Vivus click here.
Shares of Vivus closed at $10.55 yesterday.
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