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Wyeth reiterated by Bear Stearns at outperform
Bear Stearns analyst John T. Boris reiterated Wyeth at an outperform rating. Wyeth offers an attractive 10%, five-year earnings per share CAGR at a 7% discount to the broader market. Bear Stearns expects Wyeth to report in line with consensus and the analyst's estimate of $0.61. Shares of the Madison, N.J., pharmaceutical company were down $1.21, or 2.52%, at $46.77 on volume of 4,573,800 shares versus the three-month running average of 5,280,190 shares. (NYSE: WYE)
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