Wall Street drops as China stock slump stokes growth fears

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Canaccord Genuity Raises Price Target on Teva Pharma (TEVA) Following Announced Acquisition of Allergan Generics

July 28, 2015 9:23 AM EDT

Canaccord Genuity maintained a Hold rating on Teva Pharma (NYSE: TEVA), and raised the price target to $79.00 (from $63.00), following the announced acquisition of Allergan Generics for $40.5B - $33.75B in cash and $6.75B in stock. Analyst Corey Davis said that this is not a good signal about the overall future of the... More

Canaccord Genuity Raises Price Target on Allergan (AGN) Following Announced Generics Sale

July 28, 2015 9:13 AM EDT

Canaccord Genuity reiterated a Buy rating on Allergen (NYSE: AGN), and raised the price target to $396.00 (from $352.00), following the announced sale of its generics unit to Teva (NYSE: TEVA). Teva will acquire the unit for $40.5B.... More

Leerink Partners Raised Price Target on Allergan (AGN) to $388 Following TEVA Announcement

July 28, 2015 8:19 AM EDT

Allergan (NYSE: AGN)
Leerink Partners reiterated an Outperform rating on Allergen (NYSE: AGN), and raised the price target to $388.00 (from $354.00), following this morning's announcement that TEVA will be acquiring AGNs Gx biz for $40.5B. Analyst Jason Gerberry views TEVA (OP) as the most suitable owner for the AGN's Gx assets.

Gerberry... More

Leerink Partners Raises Price Target to $84 on Teva Pharma (TEVA) Following Call with CFO

July 28, 2015 8:12 AM EDT

Leerink Partners reiterated an Outperform rating on Teva Pharma (NYSE: TEVA), and raised the price target to $84.00 (from $74.00), following a call with CFO Eyal Desheh. The TEVA-AGN deal is estimated to close in 1Q'16 and management still anticipates holding its annual guidance... More

Raymond James Upgrades Beacon Roofing Supply (BECN) to Outperform

July 27, 2015 2:21 PM EDT

Raymond James upgraded Beacon Roofing Supply (NASDAQ: BECN) from Market Perform to Outperform with a price target of $40.00.

For an analyst ratings summary and ratings history on Beacon Roofing Supply click here. For more ratings news on Beacon Roofing Supply click here.

Shares of Beacon Roofing Supply closed at $30.08 yesterday.

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China Internet Consumer Demand Remains Healthy, Buy 58.com (WUBA), Qunar (QUNR) - Pacific Crest

July 27, 2015 9:46 AM EDT

Pacific Crest analyst Cheng Cheng thinks investors should buy pullbacks in 58.com (NYSE: WUBA) and Qunar (NASDAQ: QUNR). He is also positive on Youku Tudou (NYSE: YOKU), Baidu.com (NASDAQ: BIDU) and Alibaba (NYSE:... More