Market Overview

Alexion Pharmaceuticals' Rebound To Continue -Vetr Crowd

Share:
Alexion Pharmaceuticals' Rebound To Continue -Vetr Crowd
Related ALXN
Barron's Picks And Pans: General Motors, Hess, Biotechs And More
Earnings Scheduled For February 16, 2017

Shares of Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) have lost 32.5 percent of their value since the beginning of the year. However, over the third quarter, the stock has recuperated more than 12.6 percent, and the Vetr crowd seems to believe the rebound will continue. This is evidenced by its average price target of $146.84, which implies an upside potential of almost 13.15 percent.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on shares of Alexion on Friday, from four stars (Buy) to 4.5 stars (Strong Buy) — out of a possible five-star rating.

Finally, it should be noted that, in accordance with the new rating, 87 percent of the crowd’s ratings are bullish.

Full ratings data available on Benzinga Pro.

Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email feedback@benzinga.com with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.

Latest Ratings for ALXN

DateFirmActionFromTo
Dec 2016OppenheimerInitiates Coverage OnPerform
Dec 2016Morgan StanleyDowngradesOverweightEqual-Weight
Nov 2016BarclaysUpgradesEqual-WeightOverweight

View More Analyst Ratings for ALXN
View the Latest Analyst Ratings

Posted-In: VetrBiotech Upgrades Health Care Price Target Crowdsourcing Analyst Ratings General

 

Related Articles (ALXN)

View Comments and Join the Discussion!