Deutsche Bank Starts Pfizer, Lilly at Buy, Merck, Bristol-Myers at Hold

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Deutsche Bank's Gregory Gilbert initiated coverage on some of the largest Big Pharma stocks Wednesday morning.
  • Pfizer PFE - Buy rating and $34 price target - Shares up 0.9 percent to $29.48.
  • Eli Lilly LLY - Buy and $71 target - Stock up 0.25 percent to $62.97.
  • Merck MRK - Hold and $63 target - Stock up 0.4 percent to $60.41.
  • Bristol-Myers Squibb BMY - Hold and $52 target - Shares trading down one percent to $50.25 at last check.
(Click the company's name to see the full-length report.) The entire healthcare sector, according to the iShares DJ US Healthcare ETF
IYH
, is up about 0.1 percent. The S&P 500 is currently trading down less than a point to 1,999.43.
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