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12:00 AM
Jun 06, 2011
 |  BioCentury  |  Analyst Picks & Changes

Analyst picks & changes

Analyst picks & changes

Company Bank Analyst Coverage Opinion Wk chg 6/3 close
AMAG Pharmaceuticals Inc. (NASDAQ:AMAG) Baird Christopher Raymond Upgrade Market outperform (from neutral) 7% $17.92
Raymond also raised his target to $22 from $19, saying he thinks AMAG shares have "bottomed" and expects the stock to rebound. Raymond said recent script data and surveys of nephrologists indicate that Feraheme ferumoxytol "may be turning a corner commercially." He expects FY11 Feraheme revenue to come in at $58M vs. $55M analyst consensus. The IV iron replacement therapeutic is approved to treat iron...

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