Netanyahu asks Teva Pharm to minimize job loss in Israel

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Teva Pharma (TEVA) PT Raised to $17 at BofA/Merrill Lynch; Reiterates Underperform

December 15, 2017 7:44 AM EST

BofA/Merrill Lynch raised its price target on Teva Pharma (NYSE: TEVA) to $17.00 (from $11.00) while maintaining a Underperform rating following the company's announcement that it will reduce its cumulative spending (COGS + OpEx) by $3bn by end of 2019. Cuts are on a net... More

Cantor Fitzgerald Remains Sidelined on Teva Pharma (TEVA) Following Announced Restructuring Plan

December 14, 2017 8:18 AM EST

Cantor Fitzgerald reiterated a Neutral rating and $10.00 price target on Teva Pharma (NYSE: TEVA) following the company's announced restructuring plan. The plan includes reducing its workforce by over 25%, reducing its cost base by $3B by the end of 2019, and suspending its... More