MARKET TALK/EU: Deutsche Upgrades Stada To Buy Vs Hold
Enviado: 27/9/2004 12:24MARKET TALK/EU: Deutsche Upgrades Stada To Buy Vs Hold
Call Us In London: 44-20-7842-9464
E-mail: markettalk.eu@dowjones.com
1129 GMT (Dow Jones) FRANKFURT--Deutsche Bank upgrades Stada (SAZ.XE) to buy vs hold, target price to EUR20 vs EUR15.10, on potential of new fentanyl patch and cancer vaccine, which should reach market in 05. Says de-stocking could still negatively impact 3Q and cost-savings target looks too ambitious. But with worst now over, focus is on mid-term prospects. Trades -0.1% at EUR17.74. (AZC)
(END) Dow Jones Newswires
September 27, 2004 07:29 ET (11:29 GMT)
Call Us In London: 44-20-7842-9464
E-mail: markettalk.eu@dowjones.com
1129 GMT (Dow Jones) FRANKFURT--Deutsche Bank upgrades Stada (SAZ.XE) to buy vs hold, target price to EUR20 vs EUR15.10, on potential of new fentanyl patch and cancer vaccine, which should reach market in 05. Says de-stocking could still negatively impact 3Q and cost-savings target looks too ambitious. But with worst now over, focus is on mid-term prospects. Trades -0.1% at EUR17.74. (AZC)
(END) Dow Jones Newswires
September 27, 2004 07:29 ET (11:29 GMT)