UBS Maintains a 'Neutral' on Cephalon (CEPH); Distracted 1Q11

May 4, 2011 12:46 PM EDT
Get Alerts CEPH Hot Sheet
Price: $81.49 --0%

Rating Summary:
    1 Buy, 12 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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UBS maintains a 'Neutral' on Cephalon (NASDAQ: CEPH), PT increased from $78 to $81.50.

UBS analyst says, "Thoughts on the stock: We expect the Teva (Nasdaq: TEVA) deal to close With Valeant (NYSE: VRX) stepping down and Teva’s bid at a level we believe shareholders will be happy with and a level supported by Cephalon, we expect Teva to close its acquisition of Cephalon and no other bidders to emerge."

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

Shares of Cephalon closed at $79.99 yesterday.


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