Just cut to hold from buy. Per Etrade. No link.
They shorted yesterday and now downgrading the stock.
Sentiment: Strong Buy
i have a hard time believing it Billy. It makes no sense to cut the price target in half.
Worst case scenario its only ~5% of achtar sales.
But what i've read so far is that AETNA is still covering but miss interpreted.
I added yesterday at 30 so I'm already at his target!
Gonna wait it out. Heck I'm only 52 year old and have plenty of time.
plus other insurance companies still DO covery acthar. no worries there!
Curious to the conference call.