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Deutsche Bank Reports on Auxilium Pharmaceuticals (AUXL)

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In a report released today, Deutsche Bank commented on Auxilium Pharmaceuticals (NASDAQ: AUXL). In the report, Deutsche Bank was bullish on the company.

Deutsche Bank writes, “Our Buy investment rating on Auxilium is predicated on the significant commercial opportunity for Xiaflex, coupled with a still solid growth outlook for Testim. We believe that Xiaflex, the company's potential flagship, non-surgical treatment for Dupuytren's contracture, could have peak sales potential of $400M+ in the US. Following the Q1 results, Auxilium shares continue to look attractive.”

Deutsche Bank has a Buy rating on the company and a price target of $28.00. Shares of the pharmaceutical closed at $22.55, down from the opening price of $22.27.

Posted-In: Auxilium Pharmaceuticals Deutsche BankAnalyst Color Analyst Ratings

 

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