Are Teva Pharmaceutical (NYSE:TEVA) Shares Headed North? BTIG Research Issues Upgrade

Incoming Teva CEO Kaare Schultz

The company reported $0.99 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.06 by ($0.07). The SI to Ultralife Corporation's float is 0.34%. My stop loss would be $0.25 from my entry position fearing anything more than that and the stock would start to fill in the gap up. About 223,395 shares traded. Sharkey Howes & Javer boosted its position in Teva Pharmaceutical Industries Limited by 21.7% in the second quarter.

Teva Chairman Sol Barer said the new chief executive has everything that the firm was looking for in a new leader: Global pharmaceutical experience, a restructuring background and knowledge of generic and specialty medicines. First City Capital Management Inc acquired 14,635 shares as Teva Pharmaceutical Inds (TEVA)'s stock declined 15.11%. The Minneapolis Portfolio Management Group Llc holds 596,624 shares with $21.63 million value, up from 513,859 last quarter. Tt International sold 748,351 shares as Teva Pharmaceutical Inds Ltd (TEVA)'s stock declined 15.11%. Bronfman E.L. Rothschild L.P. now owns 3,617 shares of the company's stock worth $116,000 after acquiring an additional 261 shares during the period. Former head Mr. Vigodman received $5.3 million in salary and equity shares past year, company filings show. Credit Suisse Group restated a "buy" rating and issued a $39.00 price objective on shares of Teva Pharmaceutical Industries Limited in a report on Wednesday, May 17th. It has underperformed by 58.40% the S&P500.The move comes after 5 months positive chart setup for the $18.94B company. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover TEVA having a buy-equivalent rating.

However, the analyst further underlines the pressure that Schulz will face from generics and debt, noting: "Shultz will be entering the company at a turbulent time, given: (1) continued pricing pressure in U.S. generics; (2) TEVA's meaningful debt and inability to de-lever in a timely manner; and (3) high likelihood of Copaxone 40mg generics in 2018". The firm earned "Outperform" rating on Wednesday, April 5 by Cowen & Co. The original version of this piece can be accessed at https://www.truebluetribune.com/2017/09/12/teva-pharmaceutical-industries-limited-teva-receives-hold-rating-from-oppenheimer-holdings-inc.html. Finally, ValuEngine lowered shares of Teva Pharmaceutical Industries Limited from a buy rating to a hold rating in a research report on Friday, June 2nd. The rating was reinitiated by JP Morgan on Monday, August 3 with "Overweight". Cantor Fitzgerald reissued a "neutral" rating and set a $27.00 price target (down from $31.00) on shares of Teva Pharmaceutical Industries Limited in a research note on Wednesday, August 9th.

Among 7 analysts covering Credicorp LTD (NYSE:BAP), 6 have Buy rating, 0 Sell and 1 Hold. The firm has "Outperform" rating given on Friday, February 19 by Wells Fargo.

Macron, in Greece, pushes vision of deeper euro zone integration
Tsipras said Greece planned to exit its global bailout next August, putting an end to years of crisis and uncertainty. Macron praised Greece's austerity reforms and reiterated his call for an easing of the Greek debt burden.

(NYSE:TEVA) shares saw heavy trading volume with 97,952K shares changing hands on Tuesday. The rating was downgraded by Deutsche Bank to "Hold" on Tuesday, October 11.

Inca Investments Llc increased Credicorp Ltd (BAP) stake by 3.57% reported in 2016Q4 SEC filing. Moreover, State Of New Jersey Common Pension Fund D has 0.12% invested in Wayfair Inc (NYSE:W). Its the same as in 2016Q3. As of quarter end Next Financial Group, Inc had bought a total of 6,350 shares growing its stake by 150.3%. Rhumbline Advisers accumulated 1.20 million shares. (NYSE:PPG). Allianz Asset Ag owns 89,384 shares. Leavell Investment Management reported 2,564 shares. Moreover, Ubs Asset Mngmt Americas has 0% invested in Landstar System, Inc. (NASDAQ:ULBI). Geode Mngmt Ltd Liability Co invested in 65,480 shares. Rmsincerbeaux Capital Llc holds 0.81% or 12,900 shares. The Delaware-based Blackrock Advsr Limited Com has invested 0% in Ultralife Corp. During the same quarter past year, the firm posted $1.25 earnings per share. (NYSE:PPG). Parametric Portfolio Associate Limited owns 597,309 shares.

Since January 1, 0001, it had 1 insider purchase, and 1 sale for $11,921 activity.

Want to see what other hedge funds are holding TEVA? The insider Robert W. Shaw bought $13,100.

Related News:

  • UFC 215: Amanda Nunes narrowly retains her title

    UFC 215: Amanda Nunes narrowly retains her title

    Nunes, who is from Brazil but fights out of Coconut Creek, Florida, stood with Shevchenko much more in the rematch. Brazilian Nunes retained her 135lbs crown in the early hours of the morning in the main event of UFC 215 .
    Hurricane Irma: millions brace for impact as superstorm reaches Florida

    Hurricane Irma: millions brace for impact as superstorm reaches Florida

    Many of their animals were moved into pens created to hold up even if nearby buildings were lost in storms or tornadoes. France's government is sending hundreds more soldiers and police to restore order to the Caribbean island of St.
    Los Angeles Rams: Aaron Donald ends holdout

    Los Angeles Rams: Aaron Donald ends holdout

    The Indianapolis Colts haven't won a game in the first two weeks of the National Football League season since 2013. Donald has been seeking a long-term contract as one of the NFL's best defensive players.
  • Iranian President Meets Kazakh, Uzbek Counterparts in Astana

    Iranian President Meets Kazakh, Uzbek Counterparts in Astana

    The Organisation of Islamic Cooperation or OIC will host the summit at the Palace of Independence in Astana on Sept 10-11. He said that from the determination expressed by the attendants of the conference it was apparent it would be a success.
    Odell Beckham Jr. injury: Latest on Giants WR ankle, Week 1 status

    Odell Beckham Jr. injury: Latest on Giants WR ankle, Week 1 status

    But the Giants have played Dallas with a lot of split safeties, meaning the middle is the most vulnerable area of the field. The Giants are trying to win their fourth consecutive against the Cowboys after sweeping the NFC East champions past year .
    Bungie has released a schedule outlining the first month of Destiny 2

    Bungie has released a schedule outlining the first month of Destiny 2

    There are some who even say that they will refuse to play the game if the company does not revert to the old shader system. The story itself is more cohesive and easier to parse, pitting you against a clear set of bad guys with coherent agendas.
  • Satellites show Hurricane Katia crawling to the Mexico coast

    It's then predicted to turn northeast, traveling north of the coast of Puerto Rico on Sunday before turning back into the ocean. The NWS forecasts the storm will move inland, hitting the states of Tlaxcala, Puebla, and Hidalgo early Saturday.
    Georgia Power prepared for Hurricane Irma, offers tips

    Georgia Power prepared for Hurricane Irma, offers tips

    Contraflow has been implemented and all eastbound lands on Interstate 16 are now blocked from Dublin to Savannah. Details will depend on the latest forecasts, he said, but a "full coastal evacuation" is possible.
    Samsung shipping unlocked Galaxy Note 8 preorders prior to September 15

    Samsung shipping unlocked Galaxy Note 8 preorders prior to September 15

    So the Galaxy Note 8 will have nearly a day to its own before talk about the former dominates the news cycle. September 12 is an interesting date since it's also the day the iPhone 8 is arriving.
  • Apple is bringing live sports to the Apple TV 4K

    Apple is bringing live sports to the Apple TV 4K

    Apple also explained that if you've purchased eligible movies in HD, they'll automatically be upgraded to 4K HDR for free. This year we got a single sign-on mode, plus (for US users) a global search tool to help you find any programme you want.
    Ethnic cleansing of Rohingya Muslims

    Ethnic cleansing of Rohingya Muslims

    The army controls the key security-related ministries and one-quarter of seats in Parliament, and enjoys no civilian oversight. Thet Thet Khine, a lawmaker from Suu Kyi's party, said the government was committed to implementing the recommendations.
    Joe Paterno admitted he heard an earlier Sandusky sexual abuse claim

    Joe Paterno admitted he heard an earlier Sandusky sexual abuse claim

    A Pennsylvania State Police report, provided to CNN by an unnamed source, is the origin of the information. The prosecution was afraid of making the case about Paterno and Penn State rather than Sandusky.


Most liked

Dartmouth-Hitchcock in Lebanon locked down after active shooter report
Lebanon police said they are still securing the area to make sure there are no further hazards at the scene. Lebanon police confirmed that there is an active investigation at the hospital but would not elaborate.

Crude Oil Bouncing Around $48 As OPEC Sees Stronger Demand
West Texas Intermediate for October delivery added 20 cents to $48.27 a barrel at 1:06 p.m. on the New York Mercantile Exchange. A separate report showed that USA oil production dropped sharply to 8.78 million barrels per day due to hurricane effect.

Going electric: China eyes gasoline and diesel vehicle ban
China is the world biggest market for new cars, by a significant margin, and all projections see sales only growing with time. Xin said the policy would be implemented "in the near future", according to the official Xinhua news agency.

Sarfraz eager to shift focus back to cricket
Earlier this year, the Pakistan Super League (PSL) final was held in Lahore and the security provided for that match was magnificent.

Mignolet believes Liverpool can bounce back from City defeat
Jurgen Klopp has implored Liverpool to learn the lessons of their Manchester City hammering ahead of their Champions League campaign.

TCU Leaps Past Razorbacks, 28-7
The Razorbacks and the Texas A&M Aggies are the only teams in the SEC West to have not won 10 games in a season since 2013. Hill's four touchdown passes were the second-most of his TCU career, trailing only his five versus Oklahoma last season.

Hurricane Irma Causes Ocean to Disappear in Bahamas
Regardless, hurricane force winds of 74 miles per hour and greater are still very possible with storm surge and flooding rainfall. The powerful monster Hurricane Irma has borrowed this bit of water for the time being.

IL sends utility crews, National Guard to Florida
The Disney Dream was one of three ships returning because of risky conditions in the Caribbean due to Hurricane Irma . The Coast Guard exchanges liaison officers with other branches and works with FEMA to ensure close coordination, Adm.

N Korea prepares for Foundation Day, some predict another test
Six police officers and 32 other people were injured, none seriously, in the clashes, said a fire department official in Seongju. China hopes North Korea will "see the situation clearly and come to the right judgment and choice", Mr Wang said.

John McCain says Trump's debt deal with Democrats wasn't bipartisanship
We have new technologies that I won't bother you with the details of that make chances better. Turning to his brain cancer prognosis, McCain was mostly optimistic.

Death toll in Mexican quake rises to 32
In 1985, a magnitude 8.0 quake struck the capital, killing thousands of people and damaging thousands of buildings. Two children were reported dead by The Associated Press in Tabasco, the state just north of Chiapas .

S Korea Finds Xenon-133 Isotopes in Air After Pyongyang's Nuclear Test
However, senior members of his administration have made clear that the door to a diplomatic solution is still open. There was no chance the xenon "will have an impact on South Korea's territory or population", the statement said.

Suspected Columbus, Ohio, high school shooter arrested
Columbus police responded to a report of shots fired in the school building at around 8:30 this morning. An active shooter situation is ongoing at a high school in Columbus, Ohio.

Ibrahimovic Has Message For Mourinho As He Ramps Up Rehabilitation
Jose Mourinho offered the striker a one-year-deal and also a coaching role at Manchester when the striker wants to retire. Lukaku was then about his past with United boss José Mourinho who sold Lukaku during his second spell at Chelsea .

House Passes Bill to Speed Introduction of Self-Driving Vehicles
A bipartisan group of USA senators is working on a companion bill that is expected to begin circulating in draft form this week. An Uber Volvo XC90 was involved in a minor crash during a test program near Phoenix.