Shire plc (SHPG) Tops Q2 EPS by 35c; Guides FY16 EPS Above Views

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Despite Strong Qtr, Guggenheim Remains on the Sidelines with Shire (SHPG) on Longer-Term Earnings Visibility

August 2, 2016 3:10 PM EDT

Guggenheim analyst Louise Chen maintained a Neutral rating on Shire (NASDAQ: SHPG) despite strong results as they remain concerned about earnings visibility at the end of the decade when generic competition could enter for key drugs.

Chen commented, "Despite the strong... More