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Deutsche Bank initiates coverage of Achillion (ACHN +12.35% to $9.10) with a "Buy" and gives the...
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Wednesday, September 19, 2012, 9:01 AM ETDeutsche Bank initiates coverage of Achillion (ACHN +12.35% to $9.10) with a "Buy" and gives the company a price target of $12, saying it's unpartnered and under-appreciated. Deutsche Bank is confident about Achillion's hepatitus C drugs, and said it could be a takeover target. Meanwhile, BofA upgrades Achillion to a "Buy" from "Underperform."
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