Date Firm Action Rating Price Target Details Share
2/11/2014 UBS AG Downgrade Outperform - Underperform $18.00 - $7.00
2/11/2014 Wedbush Downgrade Outperform - Underperform $7.00
But I wonder if they still think that this applies: The UBS report also lists five stocks that pending successful trial outcome and data presentations this year could become strong takeover candidates as well. They included Idenix Pharmaceuticals Inc. (NASDAQ: IDIX), Insmed Inc. (NASDAQ: INSM), InterMune Inc. (NASDAQ: ITMN), Puma Biotechnology Inc. (NYSE: PBYI) and Vertex Pharmaceuticals Inc. (NASDAQ: VRTX). All the stocks are Buy rated at UBS and could jump much higher with a takeover bid.
Terry, Terry and all the aliases. In the past year several of us have made a significant profit, real profit while you all work for pennies and still own nothing. We laugh and will laugh even louder in time while you all get closer to the rats in the basement.
lets hope you are correct.The problem is signs - the cos mfg PR, more than likely Insmed is talking now with the FDA on a reg pathway,( and a possible source leak within the agency - this does happen) puts etc.
On the scam side is Wedbush who I have long posted here PRs one thing and does the opposite ( for those of you who remember BUY BUY BUY!! $!%!!!!! and then the rat data news killed INSM. Good Luck
surfs not up
Saw that but the problem is UBS had the PPS at $31 in early January so WHY the $18 and not the $31 to $7??? This looks manipulative and downright misleading.
From January 6th:
"Analysts at UBS AG increased their price objective on shares of Insmed Incorporated (NASDAQ:INSM) from $17.50 to $31.00 in a research report issued to clients and investors on Monday, Analyst Ratings News reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective would indicate a potential upside of 82.03% from the company’s current price."
Maybe because it's a fake. Which analysts? I have yet to see a release that doesn't name the analyst who issued the opinion. Where is the SEC when you need them? This is illegal and whoever bought the puts yesterday needs to be tracked down and prosecuted.