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Jason Kantor has covered Spectrum in the past for other companies, he joined CS in Oct, 2012 so he has initiated coverage at his new firm. Neutral rating is questionable though.
Sentiment: Strong Buy
A neutral rating is a hold rating they are saying you can trust their numbers and to follow it. they would not say that if they did not see a future for this company.
A good conversation......thanks for the breakdown of CS's comments, Sharon. SPPI is presently being accumulated. What more do you need to know???
Have a good day!!!
at least it wasnt a sell. and they did give it a $15 price target +20% from here.. it is a start now it is up to Raj and the Amgen team to deliver THE SURPISE!!!