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Fly News Breaks for December 11, 2015
ALXN
Dec 11, 2015 | 05:57 EDT
Following the company's analyst day, Piper Jaffray analyst Joshua Schimmer says he's increasingly confident Alexion can post sustainable long-term annual earnings growth above 20% despite some competitive challenges and currency concerns. He calls the company an "inspiring, ultra-orphan powerhouse." Schimmer reiterates an Overweight rating on Alexion with a $221 price target and says the stock remains one his firm's top large-cap picks.
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