Jefferies Downgrades AstraZeneca (AZN) to Underperform
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Price: $45.43 -0.18%
Rating Summary:
2 Buy, 4 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
2 Buy, 4 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies downgraded AstraZeneca (NYSE: AZN) from Hold to Underperform and cut its price target from 2,900p to 2,600p.
The firm notes, "our estimates are materially below consensus, driven by our bearish view on Crestor, Brilinta and margins during our forecast period."
For more ratings news on AstraZeneca click here and for the rating history of AstraZeneca click here.
Shares of AstraZeneca closed at $51.63 yesterday.
The firm notes, "our estimates are materially below consensus, driven by our bearish view on Crestor, Brilinta and margins during our forecast period."
For more ratings news on AstraZeneca click here and for the rating history of AstraZeneca click here.
Shares of AstraZeneca closed at $51.63 yesterday.
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