Vertex Reports Full-Year and Fourth-Quarter 2019 Financial Results

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Vertex (VRTX) PT Raised to $285 at SunTrust

January 31, 2020 6:40 AM EST

SunTrust analyst Robyn Karnauskas raised the price target on Vertex (NASDAQ: VRTX) to $285.00 (from $235.00) while maintaining a Buy rating following results.

The analyst commented, "Recent approval of VRTX's drug TRIKAFTA and strong early launch metrics de-risk CF revenues for VRTX, in our... More

Vertex Pharma (VRTX) Tops Q4 EPS by 50c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus

January 30, 2020 4:04 PM EST

Vertex Pharma (NASDAQ: VRTX) reported Q4 EPS of $1.70, $0.50 better than the analyst estimate of $1.20. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.01 billion.

"In 2019, our differentiated strategy of investing in serial scientific innovation to create transformative medicines... More