Piper Sandler analyst Christopher Raymond maintained a Buy rating on Vertex Pharmaceuticals (VRTX – Research Report) today and set a price target of $450.00. The company’s shares closed yesterday at $397.58.
According to TipRanks, Raymond is a 4-star analyst with an average return of 4.9% and a 50.30% success rate. Raymond covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, AbbVie, and Amgen.
In addition to Piper Sandler, Vertex Pharmaceuticals also received a Buy from William Blair’s Myles Minter in a report issued today. However, on the same day, Stifel Nicolaus maintained a Hold rating on Vertex Pharmaceuticals (NASDAQ: VRTX).
VRTX market cap is currently $104.4B and has a P/E ratio of 29.12.
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Vertex Pharmaceuticals (VRTX) Company Description:
Based in Massachusetts and incorporated in 1989, Vertex Pharmaceuticals, Inc. is a biopharmaceutical company, which is engaged in the development and commercializing therapies for the treatment of cystic fibrosis, infectious diseases including viral infections such as influenza and bacterial infections, autoimmune diseases such as rheumatoid arthritis, cancer, inflammatory bowel disease and neurological disorders including pain and multiple sclerosis.
Read More on VRTX:
- M&A: Vertex Bolsters its Drug Portfolio with Alpine Deal
- RBC says pain opinion leader ‘notably negative’ on Vertex’s VX-548
- Truist pharmaceuticals analyst holds an analyst/industry conference call
- Vertex announces acceptance of NDS for exagamglogene autotemcel
- Vertex Pharmaceuticals advances inaxaplin into Phase 3 portion of trial
