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TEVA

Teva

$8.67

-0.41 (-4.52%)

14:19
06/12/19
06/12
14:19
06/12/19
14:19

FDA says Teva expanding recall of losartan potassium tablets

In an update published to the FDA website yesterday, the agency said that Teva Pharmaceuticals has expanded its voluntary consumer-level recall originally initiated on April 25, 2019 in the United States of losartan potassium tablets. This expanded recall includes six lots of bulk losartan potassium USP Tablets due to the detection of an impurity - N-Nitroso-N-methyl-4-aminobutyric acid - that is above the US Food & Drug Administration's interim acceptable exposure limit of 9.82 ppm, the FDA stated. Reference Link

TEVA Teva
$8.67

-0.41 (-4.52%)

06/03/19
06/03/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Black Knight (BKI) upgraded to Buy from Neutral at Goldman Sachs with analyst James Schneider saying the company's "strong" pipeline of new bank client wins in both mortgage servicing and origination software should drive accelerating revenue growth over 2019 and into 2020 relative to recent quarters. 2. AMC Networks (AMCX) upgraded to In-Line from Underperform at Imperial Capital with analyst David Miller citing valuation. 3. BT Group (BT) upgraded to Outperform from Neutral at Credit Suisse with analyst Paul Sidney saying he has a "much increased" level of confidence in the company's ability to return to sustainable EBITDA growth in fiscal 2021. 4. Brinker (EAT) upgraded to Neutral from Sell at UBS with analyst Dennis Geiger saying that with the stock falling below that level, valuation now appears to reflect the challenges of his April initiation. 5. Teva (TEVA) upgraded to Outperform from Perform at Oppenheimer with analyst Esther Rajavelu saying the shares, trading at its 19-year low, offer a buying opportunity. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/11/19
LEHM
06/11/19
INITIATION
Target $8
LEHM
Underweight
Teva initiated with an Underweight at Barclays
Barclays analyst Balaji Prasad started Teva Pharmaceutical Industries with an Underweight rating and $8 price target. The analyst launched coverage of 20 U.S. Specialty Pharmaceuticals with a Neutral industry view. He placed importance on cash flows and companies' ability to manage leverage and improve balance sheets.
06/12/19
CANT
06/12/19
NO CHANGE
Target $9
CANT
Neutral
Teva price target lowered to $9 from $16 at Cantor Fitzgerald
Cantor Fitzgerald analyst Louise Chen lowered her price target for Teva to $9 from $16, driven by multiple contraction, given increasing headwinds from macro factors. The analyst reiterates a Neutral rating on the shares.
06/12/19
WELS
06/12/19
NO CHANGE
WELS
Market Perform
Wells sees Teva shares rebounding from selloff on settlement denial
This morning, Oklahoma Judge Thad Balkman reportedly declined to approve the state's $85M opioid settlement with Teva Pharmaceuticals, Wells Fargo analyst Davis Maris tells investors in a research note. However, the analyst believes the development sounds like "more of an administrative burden rather than a threat to the actual settlement." As such, the 7% pullback in Teva shares "seems overdone," says Maris, who adds that the selloff shows how sensitive investors are to litigation risk. He expects Teva shares to rebound off of the morning's lows. Maris has a Market Perform rating on Teva.

TODAY'S FREE FLY STORIES

VTR

Ventas

$69.65

1.05 (1.53%)

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AAPL

Apple

$197.87

-0.65 (-0.33%)

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DELL

Dell Technologies

$53.39

1.88 (3.65%)

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HPQ

HP Inc.

$20.63

0.1 (0.49%)

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GNCA

Genocea

$3.84

-1.32 (-25.58%)

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Genocea 10M share Secondary priced at $3.50 »

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PSNL

Personalis

$0.00

(0.00%)

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Personalis 7.922M share IPO priced at $17.00 »

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CYRX

Cryoport

$18.62

-0.08 (-0.43%)

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Cryoport 3.75M share Spot Secondary priced at $17.00 »

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  • 20

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VTR

Ventas

$69.65

1.05 (1.53%)

20:41
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20:41
Upgrade
Ventas rating change at Stifel »

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HSY

Hershey

$137.94

-0.29 (-0.21%)

20:27
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Hershey rating change at Piper Jaffray »

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KR

Kroger

$23.64

-0.3 (-1.25%)

, DRI

Darden

$117.55

-0.39 (-0.33%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

KR

Kroger

$23.64

-0.3 (-1.25%)

DRI

Darden

$117.55

-0.39 (-0.33%)

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DAL

Delta Air Lines

$56.38

0.33 (0.59%)

20:08
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  • 20

    Jun

SPY

SPDR S&P 500 ETF Trust

$293.02

0.69 (0.24%)

, SPX

S&P 500

$0.00

(0.00%)

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Periodicals
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SPY

SPDR S&P 500 ETF Trust

$293.02

0.69 (0.24%)

SPX

S&P 500

$0.00

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ARZGY

Generali

$0.00

(0.00%)

19:22
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19:22
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19:22
Downgrade
Generali rating change at JPMorgan »

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GO

Grocery Outlet

$0.00

(0.00%)

19:00
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19:00
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Grocery Outlet 17.19M share IPO priced at $22.00 »

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  • 19

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WIX

Wix.com

$145.83

1.19 (0.82%)

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Hot Stocks
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AOBC

American Outdoor Brands

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, ORCL

Oracle

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ORCL

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JSYN

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ABEO

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PIR

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LAND

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$12.29

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TMUS

T-Mobile

$78.28

1.79 (2.34%)

, S

Sprint

$7.46

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TMUS

T-Mobile

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S

Sprint

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DISH

Dish

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ZBRA

Zebra Technologies

$200.57

-1.1 (-0.55%)

18:39
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Hot Stocks
Zebra Technologies Chief of Product sells 5K shares of common stock »

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ZBRA

Zebra Technologies

$200.57

-1.1 (-0.55%)

18:23
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Hot Stocks
Zebra Technologies CEO sells 20K shares of common stock »

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UNH

UnitedHealth

$250.25

4.6 (1.87%)

, DVA

DaVita

$51.27

1.51 (3.03%)

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UNH

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  • 18

    Jul

SRRK

Scholar Rock

$17.11

-2.835 (-14.21%)

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  • 20

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QDEL

Quidel

$58.80

1.7 (2.98%)

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Quidel receives 510k clearance for Triage TOX Drug Screen »

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DELL

Dell Technologies

$53.39

1.88 (3.65%)

, HPQ

HP Inc.

$20.63

0.1 (0.49%)

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Dell, HP, Intel, Microsoft express opposition to Trump tariffs, Bloomberg says »

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DELL

Dell Technologies

$53.39

1.88 (3.65%)

HPQ

HP Inc.

$20.63

0.1 (0.49%)

INTC

Intel

$47.08

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MSFT

Microsoft

$135.63

0.43 (0.32%)

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ORCL

Oracle

$52.69

-0.19 (-0.36%)

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Oracle says 20% of Autonomous Database customers new to company »

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  • 19

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CB

Chubb

$149.48

1.37 (0.92%)

17:54
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Hot Stocks
Chubb CEO sells 215.6K shares of common stock »

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  • 24

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