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Bank of America Securities Sticks to Their Buy Rating for Teva Pharmaceutical (TEVA)
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Bank of America Securities Sticks to Their Buy Rating for Teva Pharmaceutical (TEVA)

Bank of America Securities analyst Jason Gerberry reiterated a Buy rating on Teva Pharmaceutical (TEVAResearch Report) yesterday and set a price target of $12.00. The company’s shares closed yesterday at $9.25.

According to TipRanks, Gerberry is a 3-star analyst with an average return of -1.6% and a 44.67% success rate. Gerberry covers the Healthcare sector, focusing on stocks such as Exelixis, Jazz Pharmaceuticals, and Teva Pharmaceutical.

In addition to Bank of America Securities, Teva Pharmaceutical also received a Buy from Barclays’s Balaji Prasad in a report issued yesterday. However, today, Goldman Sachs maintained a Hold rating on Teva Pharmaceutical (NYSE: TEVA).

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The company has a one-year high of $11.45 and a one-year low of $7.09. Currently, Teva Pharmaceutical has an average volume of 14.21M.

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Teva Pharmaceutical Industries Ltd. engages in the development and production of medicines. Its products include medicines for cardiovascular diseases, pain relievers, obesity, cancer and supportive care, infectious diseases and human immunodeficiency viruses, and colds and coughs. The company was founded in 1901 and is headquartered in Petah Tikva, Israel.

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