Information Provided By:
Fly News Breaks for December 12, 2019
RHHBY, AZN, GMAB
Dec 12, 2019 | 05:32 EDT
Deutsche Bank analyst Richard Parkes downgraded Genmab (GMAB) to Hold from Buy with a DKK 1,570 price target. The analyst says the current valuation reflects the company's pipeline. AstraZeneca (AZN) and Roche (RHHBY) are his top large cap picks in European pharmaceuticals due to their "innovation advantage."