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Deutsche Bank Reiterates Buy on Vertex Pharmaceuticals Following Press Release

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Following the press release issued earlier Tuesday morning by Vertex Pharmaceuticals (NASDAQ: VRTX), Deutsche Bank analyst, Robyn Karnauskas reiterated the firm's Buy rating and $103.00 price target for Vertex shares.

Karnauskas wrote, "Bottom line: We believe that this is the first step in Vertex platform treating entire cystic fibrosis population." Karnauskas based this on the belief that doctors will use the regimen for the high unmet need among the cystic fibrosis community for a viable treatment.

For a more detailed look into the press release see Why Is Vertex Pharmaceuticals Up More Than 50 Percent?

Latest Ratings for VRTX

DateFirmActionFromTo
Jul 2016Morgan StanleyMaintainsOverweight
Apr 2016Goldman SachsDowngradesBuyNeutral
Apr 2016Credit SuisseMaintainsOutperform

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Posted-In: Deutsche Bank Robyn KarnauskasAnalyst Color Price Target Reiteration Analyst Ratings

 

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