09:27 AM
JPMorgan defends its Overweight rating of United Therapeutics (UTHR) despite the failure of the phase III FREEDOM-C trial to meet its primary goal. Deutsche drops to Hold with a $70 target. Barclays defends a Buy and a $137 target. Shares -33% to $60.25.
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07:01 AM
Big Pharma is feeling the need to find new products with blockbuster potential as important patents expire. Likely buyout targets include AMLN, UTHR, ALXN. ONXX and VRTX, Barron's says.
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