RBC Capital Upgrades Shire (SHPG) to Outperform

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Go back to RBC Capital Upgrades Shire (SHPG) to Outperform

Guggenheim Starts Shire (SHPG) at Neutral

February 9, 2016 4:09 PM EST

Guggenheim initiates coverage on Shire (NASDAQ: SHPG) with a Neutral rating.

Analyst commented, "

Shire has successfully positioned itself as a rare disease company, but the lack of long-term earnings visibility keeps us NEUTRAL for now because we believe it will be hard for the shares to trade meaningfully higher until this improves. The most likely sources of upwards earnings revisions,... More