Vertex Pharmaceuticals (VRTX) Price Target Upgraded at Summer Street Research

Vertex Pharmaceuticals (VRTX) received a “buy” rating reiteration today from investment firm Summer Street Research.  Summer Street also increased their price target for VTRX a substantial amount from $46 to $72 dollars.  VTRX is currently trading above its 50 & 200-day moving averages and 2011 is currently an up year for the company.

Vertex Pharmaceuticals in the business of discovering, developing and commercializing small molecule drugs for the treatment of serious diseases. In November 2010, they submitted a new drug application, or NDA, requesting approval to market telaprevir in the United States for the treatment of patients with chronic hepatitis C virus, or HCV, infection.  The company has market capitalization of $11,036,000,000 and 204,413,000 shares outstanding.  VTRX has a 52-week high of $58.87 with the low being $31.25 dollars.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.