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Bank of America Reiterates on Intercept Pharmaceuticals
Friday, January 10, 2014 - 11:54am | 238Read More...In a report published Friday, Bank of America Merrill Lynch analyst Rachel McMinn reiterated Buy on Intercept Pharmaceuticals (NASDAQ: ICPT), raising its price objective to $872.00 from $81.00 According to the report, the price objective rise is driven by the analyst's revised model which now...
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UPDATE: Bank of America Raises PO on Puma Biotech on Ongoing Studies
Tuesday, December 24, 2013 - 11:52am | 211Read More...In a report published Tuesday, Bank of America analyst Rachel McMinn maintained a Buy rating on Puma Biotechnology (NYSE: PBYI), raising price target to $141.00 from $118.00 due to higher probability. According to the report, “PBYI hosted an investor call to provide an update on three ongoing...
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UPDATE: Bank of America Reiterates on Ariad Pharmaceuticals Following News of Iclusig Re-Launch
Monday, December 23, 2013 - 10:16am | 253Read More...In a report published Monday, Bank of America analyst Rachel McMinn reiterated an Underperform rating on Ariad Pharmaceuticals (NASDAQ: ARIA), and raised the price target from $2.00 to $3.00. In the report, Bank of America noted, “ARIA announced on Friday that it and the FDA have agreed on a...
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UPDATE: Bank of America Initiates Coverage on Relypsa on Rare De-Risked Late Stage Product Story
Thursday, December 12, 2013 - 1:14pm | 183Read More...In a report published Thursday, Bank of America analyst Rachel McMinn initiated coverage on Relypsa (NASDAQ: RLYP) with a Buy rating and $40.00 price target. In the report, Bank of America noted, “We are initiating coverage of Relypsa (RLYP) with a Buy rating and a $40 price objective. We view...
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UPDATE: Bank of America Increased Gilead Sciences PT
Friday, November 22, 2013 - 4:23pm | 130Read More...On Friday, Bank of America Merrill Lynch analyst Rachel McMinn increased the price objective for Gilead Sciences Inc. (NASDAQ: GILD) from $96 to $107. McMinn expects an increase in share price, "as investors gain visibility on HCV pricing in late 2013, obtain Phase 3 data in early 2014, observe...
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Kyprolis Draws Focus Away From Amgen
Friday, November 22, 2013 - 2:56pm | 249Read More...Bank of America Merrill Lynch biotech analyst Rachel McMinn commented on how an increased focus on Kyprolis Cardiovascular toxicities among centers have stolen the spotlight from Amgen (NASDAQ: AMGN). RBC reported on Wednesday that Amgen's PCSK9 inhibitor has a 75 percent probability that the...
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UPDATE: Bank of America Downgrades Ariad Pharmaceuticals on Uncertain Iclusig Outlook
Thursday, October 10, 2013 - 9:37am | 103Read More...In a report published Thursday, Bank of America analyst Rachel McMinn downgraded the rating on Ariad Pharmaceuticals (NASDAQ: ARIA) from Buy to Neutral, and lowered the price target from $24.00 to $7.00. In the report, Bank of America noted, “We rate ARIA a Neutral based on our view that...
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UPDATE: Bank of America Downgrades Achillion Pharmaceuticals Following Extremely Negative Pipeline Update
Monday, September 30, 2013 - 8:56am | 157Read More...In a report published Monday, Bank of America analyst Rachel McMinn downgraded the rating on Achillion Pharmaceuticals (NASDAQ: ACHN) from Buy to Underperform, and lowered the price target from $10.00 to $2.00. In the report, Bank of America noted, “After the market close, ACHN provided an update...
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UPDATE: Bank of America Downgrades ViroPharma on Valuation
Wednesday, September 18, 2013 - 9:05am | 179Read More...In a report published Wednesday, Bank of America analyst Rachel McMinn downgraded the rating on ViroPharma (NASDAQ: VPHM) from Neutral to Underperform, but reiterated the $34.00 price target. In the report, Bank of America noted, “VPHM shares have increased 33% in response to a media article...
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UPDATE: Bank of America Raises PT on Incyte on Compelling New Data
Wednesday, August 21, 2013 - 11:31am | 176Read More...In a report published Wednesday, Bank of America analyst Rachel McMinn reiterated a Buy rating on Incyte Corporation (NASDAQ: INCY), and raised the price target from $31.00 to $36.00. In the report, Bank of America noted, “INCY announced top-line Phase 2 results for its marketed Jak inhibitor,...
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UPDATE: Bank of America Downgrades Merrimack Pharmaceuticals Following Series of Disappointing Updates
Friday, August 9, 2013 - 10:05am | 249Read More...In a report published Friday, Bank of America analyst Rachel McMinn downgraded Merrimack Pharmaceuticals (NASDAQ: MACK) from Buy to Neutral, and lowered the price target from $13.00 to $6.00. In the report, Bank of America noted, “We are downgrading MACK from Buy to Neutral and lowering our PO...
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UPDATE: Bank of America Downgrades ViroPharma on 2Q Results
Friday, August 2, 2013 - 8:20am | 161Read More...In a report published on Friday, Bank of America analyst Rachel McMinn downgraded ViroPharma (NASDAQ: VPHM) from Buy to Neutral and maintained a price target of $34. In the report, Bank of America stated, "Downgrading from BUY to Neutral Following 2Q results and a disappointing setback for subQ...
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UPDATE: Bank of America Initiates bluebird bio at Buy on Transformational Potential
Monday, July 15, 2013 - 8:26am | 140Read More...In a report published Monday, Bank of America analyst Rachel McMinn initiated coverage on bluebird bio (NASDAQ: BLUE) with a Buy rating and $42.00 price target. In the report, Bank of America noted, “We are initiating on bluebird bio (BLUE) with a $42 PO and Buy rating. BLUE is a biotechnology...
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Bank of America Reiterates Underperform Rating on Idenix Pharmaceuticals Following FDA Suspension Announcement
Friday, June 21, 2013 - 10:39am | 216Read More...In a report published Friday, Bank of America analyst Rachel McMinn reiterated an Underperform rating and $3.00 price target on Idenix Pharmaceuticals (NASDAQ: IDIX). In the report, Bank of America noted, “Last evening IDIX announced that the FDA has put clinical development of its early-stage...


