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FRX Message Board

  • bubblicioustbubble bubblicioustbubble Jul 24, 2012 9:12 AM Flag

    Merrill Lynch is Bullish on Forest Labs

    Simple analysis supports significant pipeline value: A key element of our Buy thesis has been our view that the evolution of FRX’s pipeline has not been fully appreciated, and that this could change as investors revisit FRX in the wake of the Lexapro patent cliff and as numerous pipeline catalysts hit in 2012."

    – Gregg Gilbert, Bank of America Merrill Lynch, 6/8/12

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    • buy_american_dont_outsource buy_american_dont_outsource Jul 24, 2012 9:30 AM Flag

      Saw that. Here's what they are projecting for earnings per share increase ANNUALLY over the next 5 years.

      "Sales and adjusted EPS growth goals of 15% and 50% CAGR, respectively, from FY2013-FY2018"

      CAGR stands for "compound annual growth rate". I wasn't sure at first what they were saying here until I looked it up.