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Stock Market & Financial Investment News

News Breaks
June 10, 2014
06:38 EDTVRTXVertex a buy into Phase 3 data for VX-809, says Deutsche Bank
Deutsche Bank said it would be a buyer of Vertex shares into the company's mid-2014 Phase 3 data for VX-809. The firm expects the primary endpoint to be hit and thinks shares could trade to $103-$111 on good data. Deutsche says shares of Vertex could trade down to $30-$35 with a Phase 3 failure. It has a Buy rating on the stock with a $103 price target.
News For VRTX From The Last 14 Days
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April 21, 2015
13:34 EDTVRTXGilead paying premium to buy Vertex not warranted right now, says Maxim
After Bernstein suggested in a note to investors earlier that Gilead (GILD) should buy Vertex (VRTX), Maxim responded in its own note that it does not believe paying a premium to buy Vertex makes sense before the company has data showing efficacy for Kalydeco in heterozygotes. Maxim keeps a Hold rating and $121 price target on Vertex shares.
12:33 EDTVRTXOn The Fly: Top stock stories at midday
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12:21 EDTVRTXVertex rises after Bernstein suggests Gilead should pursue takeover
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08:14 EDTVRTXGilead should buy Vertex, says Bernstein
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