Pharmacyclics (PCYC) Tops Q3 EPS by 32c

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Pharmacyclics (PCYC) PT Lifted to $175 at Nomura on Strong Q3

November 5, 2014 10:04 AM EST

Nomura Securities analyst M. Ian Somaiya reiterated a Buy rating and boosted its price target on Pharmacyclics (NASDAQ: PCYC) to $175.00 (from $158.00) following strong Q3 results.

Somaiya commented, "We are increasing our Imbruvica estimates and PCYC TP to $175 from $158, following strong 3Q14 results and further... More