Celgene (CELG) Misses Q4 EPS by 4c

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Go back to Celgene (CELG) Misses Q4 EPS by 4c

Jefferies Cuts Price Target on Celgene (CELG) as FX Weighs on Near-Term

January 29, 2016 9:07 AM EST

Jefferies maintained a Buy rating on Celgene (NASDAQ: CELG), and cut the price target to $146.00 (from $149.00), following the company's 4Q earnings report. FX volatility appears to be weighing a bit on near-term performance prospects. CELG noted that the ~$700-800M negative top-line impact... More