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Vertex Pharma (VRTX): Cutting PT But Fundamentals Continue To Look Good - Jefferies

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Jefferies Reiterates Buy on Vertex Pharma (VRTX) Following Investor Event

October 28, 2016 7:54 AM EDT

Jefferies reiterated a Buy rating and $102.00 price target on Vertex Pharma (NASDAQ: VRTX) following an investor event. Jefferies thought VRTX made a good argument for the viability of their next-gen correctors despite some questions raised about their safety profiles. They pointed out that while the teratogenicity with '440... More

Stifel Positive on Vertex (VRTX) as Triple Combo Moves Forward; PT Trimmed to $108

October 26, 2016 9:22 AM EDT

Stifel analyst Adam Walsh trimmed his price target on Vertex (NASDAQ: VRTX) to $108.00 (from $109.00) but maintained a Buy rating as the triple combo moves forward.

Walsh commented, "At last, Vertex outlined the path forward for its triple combo regimens, removing an overhang on the stock as the competitive landscape heats up with Galapagos/Abbvie (not... More