Mylan (MYL) volatility flat into announces FDA approval of ANDAs for Glatiramer Acetate Injection

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Mylan (MYL) PT Raised to $36 at Cowen; Reiterates Market Perform

October 4, 2017 10:44 AM EDT

Cowen raised its price target on Mylan (NASDAQ: MYL) to $36.00 (from $30.00) while maintaining a Market Perform rating. Cowen updated its model to reflect a potential $800MM in generic Copaxone contribution in 2018, and then modestly declining with other competition.

With this approval the... More

Mylan (MYL) PT Raised to $45 at BTIG Following Copaxone Generic Approval

October 4, 2017 7:27 AM EDT

BTIG analyst Timothy Chiang raised his price target on Mylan (NASDAQ: MYL) to $45.00 (from $42.00) while maintaining a Buy rating after the company received final FDA approval for its generic versions of Tevas (NASDAQ: TEVA) 20mg and 40mg... More

Mylan's (MYL) Surprise Copaxone Generic Approval 'Quite Negative' for Teva Pharma (TEVA) - Mizuho

October 4, 2017 7:02 AM EDT

Mizuho analyst Irina Koffler weighed in on Mylan's (NASDAQ: MYL) surprise approval for generic Copaxone after downplaying the possibility of a September approval and taking Copaxone out of its 2017 estimates. Koffler sees the news as "quite negative" Teva Pharma (NYSE: TEVA).

On Mylan, Koffler notes, "Importantly, Copaxone is AP rated (or therapeutically equivalent and substitutable), which makes it easier to... More