According to Rodman & Renshaw, Celgene CELG price target is lowered to $102.
Rodman & Renshaw said that it continues to view CELG as its top large-cap pick . We derive our target price using a Discounted Cash Flow (DCF) valuation and our standardized CAGR approach. We arrived at our free cash flow estimates for 2012 through 2015 by forecasting sales and individual expenses in each year.”
Celgene closed yesterday at $63.66.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in