Cubist Pharmaceuticals, Inc. (CBST) Tops Q3 EPS by 10c

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Jefferies Raises Price Target on Cubist (CBST) to $55

October 19, 2012 9:53 AM EDT

Jefferies reiterated a Buy rating on Cubist Pharmaceuticals (NASDAQ: CBST) and raised its price target to $55.00 (from $52.00).

Cubist it has 3 products in Ph3 development and analyst said they believe the stock is attractive based on the pipeline products potential.... More