Fly News Breaks for October 18, 2019
Oct 18, 2019 | 08:46 EDT
SVB Leerink analyst Joseph Schwartz downgraded Achillion (ACHN) to Market Perform from Outperform with a price target of $6.30, up from $5. In a research note to investors, Schwartz says he thinks Alexion's (ALXN) proposed acquisition of Achillion makes logical sense as it brings highly complementary assets that can deliver a broader market opportunity together at a time "when the complement space could get more competitive." The analyst thinks the deal will close without any competing bids.
News For ACHN;ALXN From the Last 2 Days
There are no results for your query ACHN;ALXN