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12:00 AM
Oct 26, 2009
 |  BioCentury  |  Analyst Picks & Changes

Analysts Picks & Changes

Analysts Picks & Changes

Company Bank Analyst Coverage Opinion Wk chg 10/23 cls
Affymetrix Inc. (NASDAQ:AFFX) UBS Derik De Bruin Price target Neutral -24.8% $6.68
De Bruin lowered his target to $9.50 from $10.50 after Affymetrix reported 3Q09 revenues of $78M, missing the Street's estimate of $81M and losing more per share than anticipated.
Alexion Pharmaceuticals Inc. (NASDAQ:ALXN) Brean Murray Jonathan Aschoff Price target Buy 4.2% $47.97
Cowen Eric Schmidt Other Overweight
Piper Jaffray Edward Tenthoff Price target Overweight
Aschoff raised his target to $55 from $46 after Alexion guided for FY09 EPS of $1.15-1.18, up from the previous range of $1.01-1.06. He now expects FY09 sales of Soliris eculizumab to be $386M, up from $377M. The humanized mAb targeting complement C5 is approved in the U.S., EU, Canada and Australia to treat paroxysmal nocturnal hemoglobinuria (PNH).
Schmidt raised...

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