Hospira, Inc. (HSP) Tops Q2 EPS by 16c; Guides FY14 EPS Above Consensus

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Go back to Hospira, Inc. (HSP) Tops Q2 EPS by 16c; Guides FY14 EPS Above Consensus

Deutsche Bank Upgrades Hospira (HSP) to Buy

July 30, 2014 12:56 PM EDT

Deutsche Bank upgraded Hospira (NYSE: HSP) from Hold to Buy with a price target of $61.00 (from $53.00). The change follows Q2 results. Analyst Gregg Gilbert said improvement in revenue, gross margin, and cash flow were hard to ignore.

"Following todays 2Q results and management commentary, which support the positive tone struck in 1Q, we are more confident that... More