Wells Fargo : We See Significant UPSIDE From This News. Market Current Link.
Seeking Alpha Market Currents
Wells Fargo's Brian Abrahams likes the news on Vertex (VRTX), saying it cleanly validates the efficacy of it's corrector/potentiator approach, and meaningfully increases the likelihood of success in its '809/Kalydeco Phase III program, and at worst gives VRTX a high probability shot for '661/Kalydeco to capture this multi billion dollar opportunity. As such, Abrahams sees significant upside potential from the news.