Wells Fargo Initiates Coverage on the Pharmaceutical Space

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Wells Fargo initiated coverage on the pharmaceutical space.
Outperform Initiations
  • Wells Fargo initiated coverage on Actavis ACT with a Outperform rating. Shares are up more that 0.757 percent at $208.96 Wednesday morning.
  • The firm initiated coverage on Endo Health Solutions Inc. ENDP with a Outperform rating. Shares closed at $68.20 on Monday and are trending lower. The stock is currently trading at $67.87.
  • The analyst initiated coverage on Jazz Pharmaceuticals plc JAZZ with a Outperform rating. Shares have climbed as much as 0.686 percent.
  • Wells Fargo initiated coverage on Mylan Inc. MYL with a Outperform rating. The stock fell 0.84 percent before regaining losses.
Market Perform Initiations
  • Wells Fargo initiated coverage on Teva Pharmaceutical Industries Limited TEVA with a Market Perform rating. The stock has traded as high as 0.69% at $52.36 Wednesday morning.
  • The analyst initiated coverage on Hospira Inc HSP with a Market Perform rating. Shares are up as much as 1.576 percent at $52.84.
  • The firm initiated coverage on Impax Laboratories, Inc. IPXL with a Market Perform rating. The stock is trading lower, down as much as 3 percent on Wednesday morning.
  • Wells Fargo initiated coverage on Salix Pharmaceuticals, Ltd. SLXP with a Market Perform rating. Shares fell 1.78 percent before regaining losses and trading up almost 0.5 percent.
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