Vertex Pharmaceuticals Incorporated (VRTX) Rating Increased to Mkt Outperform at JMP Securities
Separately, Citigroup Inc initiated coverage on Vertex Pharmaceuticals in a research report on Wednesday, March 1st. They set a “buy” rating and a $105.00 target price on the stock.
Vertex Pharmaceuticals (NDAQ:VRTX) opened at 91.31 on Friday. Vertex Pharmaceuticals has a 12-month low of $71.46 and a 12-month high of $103.73. The firm has a 50-day moving average of $89.12 and a 200 day moving average of $85.20. The company’s market capitalization is $22.68 billion.
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About Vertex Pharmaceuticals
Vertex Pharmaceuticals Incorporated is engaged in the business of discovering, developing, manufacturing and commercializing medicines for serious diseases. The Company operates in pharmaceuticals segment. Its business is focused on developing and commercializing therapies for the treatment of cystic fibrosis (CF) and advancing its research and development programs in other indications.
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