Citadel Securities has published a report on Vertex VRTX initiating coverage on the medicine developer.
In the report, Citadel Securities wrote, "We are initiating coverage of Vertex Pharmaceuticals (VRTX) with a Neutral rating and $46 price target. While the launch of Incivek for HCV is progressing well, significant revenues currently appear priced into VRTX shares."
Citadel Securities rated Vertex a Neutral with a price target of $46.00. Vertex closed Friday at $43.00.
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