Drugmakers raise 2018 U.S. prices, stick to self-imposed limits

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Allergen (AGN) PT Lowered to $203 at BofA/Merrill Lynch; 'Cost Restructuring Mitigates Near-Term Headwinds... $300M-400M in Net Savings for 2018E'

January 4, 2018 6:20 AM UTC

BofA/Merrill Lynch lowered its price target on Allergen (NYSE: AGN) to $203.00 (from $204.00) while maintaining a Buy rating, following the company's announced cost-cutting measures for 2018.

Analyst Jason Gerberry notes a reduced price target on the shares, as the company announced cost-cutting measures for 2018,... More

Horizon Pharma (HZNP) PT Raised to $18 at Citi on 2018 Outlook; 'Remain Constructive... Stability in Primary Care Franchise'

January 4, 2018 6:12 AM UTC

Citi raised its price target on Horizon Pharma (NASDAQ: HZNP) to $18.00 (from $16.00) while maintaining a Buy rating, following a review of the company's outlook into 2018.

Analyst Liav Abraham notes an increased price target on the shares following an updated outlook for 2018 remains constructive... More