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Fly News Breaks for January 20, 2017
ALXN
Jan 20, 2017 | 07:51 EDT
RBC Capital analyst Simos Simeonidis says that the warning about "material weakness in internal control over financial reporting" included in Alexion's amended 2015 10K isn't new. Simeonidis believes that the filing is a "positive first step" for the company ,and the analyst continues to believe that the company has "significant value." Simeonidis keeps a $187 price target and an Outperform rating on the shares.
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