Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Amylin Pharmaceuticals Inc. > News item |
Merrill Lynch: Amylin still rated sell
Amylin Pharmaceuticals was maintained by Merrill Lynch analyst Thomas McGahren at a sell rating after use of oral diabetic drug Byetta by family practitioners went up to 21% in November from 6% in August. Merrill Lynch raised its Byetta sales estimates to $67 million from $60 million in 2005. But the stock is pricey and the sell rating is based on valuation, Merrill Lynch said. Shares of the San Diego biopharmaceutical company were up 21 cents, or 0.56%, at $37.61 on volume of 1,388,536 shares versus the three-month running average of 2,619,390 shares.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.