Valeant's looming M&A hiatus deals blow to investment banks

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Cowen Raises Price Target on AT&T (T) After Updating Model to Reflect Company Changes

October 27, 2015 10:24 AM EDT

Cowen reiterated an Outperform rating on AT&T (NYSE: T), and raised the price target to $41.00 (from $40.00), after updating model to reflect the new way in which the company breaks out revenue.

Analyst Colby Synesael commented, "We are updating our... More

Endo Int'l (ENDP), BioDelivery Sciences (BDSI) Announce FDA Approval of BELBUCA as Chronic Pain Treatment

October 26, 2015 6:26 AM EDT

Endo Pharmaceuticals Inc., a subsidiary of Endo International plc (NASDAQ: ENDP) and BioDelivery Sciences International, Inc. (NASDAQ: BDSI), announced today that the U.S. Food and Drug Administration (FDA) has approved BELBUCA (buprenorphine) buccal film for use in patients with chronic pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. BELBUCA, which is the first and only buprenorphine developed with a dissolving film that is absorbed through the inner lining of the cheek for chronic pain management, is... More

UBS Reiterates Buy on AT&T (T) Following 3Q Earnings

October 23, 2015 10:19 AM EDT

UBS reiterated a Buy rating and $42.00 price target on AT&T (NYSE: T), following the company's 3Q earnings results. AT&T reported 3Q EPS of $0.74, equating to 14% yoy growth. 4Q seasonality should not be as bad as in past years, suggesting... More