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Analyst Picks & Changes

Analyst Picks & Changes

Company Bank Analyst Coverage Opinion Wk chg 5/1 cls
Celgene Corp. (NASDAQ:CELG) JMP Securities Charles Duncan Price target Market outperform -1% $39.54
Duncan lowered his target to $73 from $78 and his FY10 non-GAAP EPS estimate to $2.38 from $2.58. He also reduced his FY09 and FY10 revenue estimates to $2.6B from $2.7B and to $3.0B from $3.1B, respectively. He said the adjusted model will "account for new economic realities that are impacting demand

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