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The bank sees 2012 EPS of $1.33, up from $1.26 per share, and 2013 EPS of $1.69, up from $1.65 per share.
Alexion Pharmaceuticals is currently above its 50-day moving average (MA) of $47.96 and above its 200-day of $43.91.
Morgan Stanley raised its price target for Alexion Pharmaceuticals (NASDAQ:ALXN) to $61 from $56 and maintained its overweight rating on the stock.
The company sees 2011 EPS of $1.10 to $1.15, up from a previous range of $1.05 to $1.12 per share, vs. consensus estimates of $1.14 per share, on revenues of $745 to $755 million, up from a previous range of $720 to $740 million,
Alexion Pharmaceuticals (NASDAQ:ALXN) reported Q2 EPS of $0.29, ahead of consensus estimates of $0.26 per share. Revenues rose 47.6% year-over-year to $185.7 million, topping consensus estimates of $178.0 million.
Alexion Pharmaceuticals has overhead space with shares priced $94.28, or 1.2% below the average consensus analyst price target of $95.44. Alexion Pharmaceuticals shares have support at the 50-day moving average (MA) of $83.45 and
A week ago, Citigroup downgraded Alexion Pharmaceuticals (ALXN) from Buy to Hold. Alexion Pharmaceuticals stocks closed at $93.37, a 3.8% gain over the course of one week.
Health care shares are higher in mid-session trading as acquisition talks between Genzyme (GENZ) and Sanofi-Aventis (SNY) take a step forward. discussions with Sanofi are said to have progressed to the point where Genzyme's board
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