Jefferies Initiates TESARO At Buy

Analysts at Jefferies initiated coverage on TESARO

with a Buy rating. The target price for TESARO is set to $40. TESARO shares have declined 24.97% over the past 52 weeks, while the S&P 500 index has gained 18.69% in the same period. TESARO's shares fell 0.69% to close at $27.22 yesterday.