Teva Reinforces Leadership Position in CNS with Acquisition of Auspex

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Teva Pharma (TEVA) 'Transformational' Deal Still Possible Following Auspex, Jefferies Says

March 31, 2015 8:27 AM EDT

Jefferies analyst David Steinberg reiterated a Buy rating and $66 price target on Teva Pharma (NYSE: TEVA) after the company entered into a definitive agreement to acquire Auspex (ASPX) for $3.2B. The analyst continues to believe that a large "transformational" acquisition is still a... More

William Blair Downgrades Auspex Pharmaceuticals (ASPX) to Market Perform

March 31, 2015 7:09 AM EDT

William Blair downgraded Auspex Pharmaceuticals (NASDAQ: ASPX) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Auspex Pharmaceuticals click here. For more ratings news on Auspex Pharmaceuticals click here.

Shares of Auspex Pharmaceuticals closed at $100.36 yesterday.

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Stifel Downgrades Auspex Pharmaceuticals (ASPX) to Hold

March 31, 2015 7:07 AM EDT

Stifel downgraded Auspex Pharmaceuticals (NASDAQ: ASPX) from Buy to Hold.

For an analyst ratings summary and ratings history on Auspex Pharmaceuticals click here. For more ratings news on Auspex Pharmaceuticals click here.

Shares of Auspex Pharmaceuticals closed at $100.36 yesterday.

... More

Baird Downgrades Auspex Pharmaceuticals (ASPX) to Neutral

March 31, 2015 7:06 AM EDT

Baird downgraded Auspex Pharmaceuticals (NASDAQ: ASPX) from Outperform to Neutral.

For an analyst ratings summary and ratings history on Auspex Pharmaceuticals click here. For more ratings news on Auspex Pharmaceuticals click here.

Shares of Auspex Pharmaceuticals closed at $100.36 yesterday.

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Oppenheimer Upgrades Teva Pharma (TEVA) to Outperform

March 31, 2015 6:48 AM EDT

Oppenheimer upgraded Teva Pharma (NYSE: TEVA) from Perform to Outperform with a price target of $77.00.

For an analyst ratings summary and ratings history on Teva Pharma click here. For more ratings news on Teva Pharma click here.

Shares of Teva Pharma closed at $62.52 yesterday.

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Teva Pharma (TEVA) Price Target Raised to $68 at Deutsche Bank; Large & Small Deals Remain Priority, Notes Analyst

March 30, 2015 1:59 PM EDT

Deutsche Bank maintained a Buy rating on Teva Pharma (NYSE: TEVA) and raised is price target to $68.00 (from $67.00). Earlier Teva announced a deal to acquire Auspex Pharmaceuticals (NASDAQ: ASPX). Analyst Gregg Gilbert pointed out that this... More

BMO Capital Downgrades Auspex Pharmaceuticals (ASPX) to Market Perform on Takeover

March 30, 2015 11:57 AM EDT

BMO Capital downgraded Auspex Pharmaceuticals (NASDAQ: ASPX) from Outperform to Market Perform after the company agreed to be acquired by Teva Pharmaceuticals this morning.

For an analyst ratings summary and ratings history on Auspex Pharmaceuticals... More

Piper Jaffray Downgrades Auspex Pharmaceuticals (ASPX) to Neutral

March 30, 2015 11:08 AM EDT

Piper Jaffray downgraded Auspex Pharmaceuticals (NASDAQ: ASPX) from Overweight to Neutral.

For an analyst ratings summary and ratings history on Auspex Pharmaceuticals click here. For more ratings news on Auspex Pharmaceuticals click here.

Shares of Auspex Pharmaceuticals closed at $70.91 yesterday.

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Teva Pharma (TEVA) to Acquire Auspex Pharma (ASPX) in $3.2B Deal

March 30, 2015 7:02 AM EDT

Teva Pharma (NYSE: TEVA) and Auspex Pharmaceuticals, Inc. (Nasdaq: ASPX), today announced that they have entered into a definitive merger agreement under which Teva will commence a tender offer for all of the outstanding shares of Auspex at $101.00 per share in cash, representing total consideration of approximately $3.2 billion in enterprise value and approximately $3.5 billion in equity value. This transaction is expected to enhance Tevas revenue and earnings growth profile and strengthen its core central nervous system (CNS) franchise with the addition of Auspexs portfolio of innovative... More