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RDY

Dr. Reddy's

$45.51

-0.06 (-0.13%)

06:45
10/13/16
10/13
06:45
10/13/16
06:45

Dr. Reddy's announces U.S. launch of Aripiprazole tablets

Dr. Reddy's Laboratories announced that it has launched Aripiprazole tablets, USP, in 2 mg, 5 mg, 10 mg, 15 mg, 20 mg, and 30 mg, a therapeutic equivalent generic version of Abilify tablets in the United States market approved by the U.S. FDA. The Abilify brand and generic tablets had U.S. sales of approximately $3.1B MAT for the most recent twelve months ending in August 2016 according to IMS Health. Dr. Reddy's Aripiprazole tablets 2 mg, 5 mg, 10 mg, 15 mg, 20 mg, and 30 mg are available in bottle count sizes of 30.

RDY Dr. Reddy's
$45.51

-0.06 (-0.13%)

02/10/16
02/10/16
UPGRADE

On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Buy from Hold at Craig-Hallum... Banco Bilbao (BBVA) upgraded to Outperform from Underperform at Exane BNP Paribas... Coca-Cola (KO) upgraded to Hold from Sell at Societe Generale... Dean Foods (DF) upgraded to Outperform from Market Perform at Bernstein... Dr. Reddy's (RDY) upgraded to Buy from Underperform at CLSA... Essex Property Trust (ESS) upgraded to Hold from Sell at Zelman... FireEye (FEYE) upgraded on positive outlook at BTIG... Goodyear Tire (GT) upgraded to Outperform from Underperform at CLSA... Hess Corp. (HES) upgraded to Conviction Buy from Neutral at Goldman... Hudbay Minerals (HBM) upgraded to Buy from Hold at Canaccord... PROS (PRO) upgraded to Hold from Sell at Craig-Hallum... Press Ganey (PGND) upgraded to Outperform from Neutral at Baird... Salesforce (CRM) upgraded to Buy from Outperform at CLSA... Seattle Genetics (SGEN) upgraded to Buy from Hold at Cantor... Shire (SHPG) upgraded on valuation at RBC Capital... SolarCity (SCTY) upgraded to Strong Buy on valuation at Raymond James... Spark Energy (SPKE) upgraded to Buy from Neutral at Janney Capital... Textura (TXTR) upgraded to Hold from Sell at Benchmark... TransDigm (TDG) upgraded to Gradually Accumulate from Hold at Wellington Shields... Trimble (TRMB) upgraded to Buy from Hold at Needham... U.S. Bancorp (USB) upgraded to Outperform from Market Perform at Wells Fargo... Zurich Insurance (ZURVY) upgraded to Neutral from Underweight at JPMorgan.
07/27/16
JEFF
07/27/16
DOWNGRADE
Target $41.9
JEFF
Underperform
Dr. Reddy's downgraded to Underperform from Hold at Jefferies
Jefferies analyst Piyush Nahar downgraded Dr. Reddy's Laboratories to Underperform saying the company's Q1 results confirmed fears of a sharp earnings hit for Indian generics amid increased pricing pressure. The analyst now expects Reddy's earnings to remain flat over FY16-FY18. He lowered his price target for the shares to $41.90 from $45.
07/27/16
FBCO
07/27/16
DOWNGRADE
FBCO
Underperform
Dr. Reddy's downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse analyst Anubhav Aggarwal downgraded Dr. Reddy's to Underperform citing the sharp decline in Q1 US sales, a weak near-term outlook further hurt by the expiration of the McNeil contract, increased R&D expense for Ph III trials for assets acquired from Xenoport and Eisai.
07/27/16
HSBC
07/27/16
DOWNGRADE
HSBC
Reduce
Dr. Reddy's downgraded to Reduce from Hold at HSBC

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