Seeking Alpha

Cubist removed from Conviction Buy list at Goldman

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  • Ericbo
    , contributor
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    It's interesting to note that during the same hour that Goldman downgraded CBST from Conviction Buy to Neutral, Credit Suisse upgraded CBST from Neutral to Outperform because of a positive assessment of the acquisitions and the prospects for their drugs. No wonder we amateur investors are sometimes confused. For what it's worth, it seems that the market today (7/31 at 11:25 AM) tends to go with Credit Suisse's assessment. CBST is up around 12%. I'd be interested in hearing others' observations about this.
    31 Jul 2013, 11:26 AM Reply Like
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