Baxalta (BXLT) Tops Q4 EPS by 1c

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UBS Remains Bullish Following Baxalta's (BXLT) Solid 4Q Results

February 17, 2016 8:31 AM EST

UBS maintained a Buy rating on Baxalta Incorporated (NYSE: BXLT), and cut the price target to $46.00 (from $47.00), following the company's 4Q earnings report. Sales were $1,763 mil, $57 mil above consensus. EPS of $0.57 was 2c above consensus of $0.55. Management expects 1Q16 EPS of $0.44-0.46,... More