Teva PharmaceuticalTEVABUYAug 13, 2015Stock price when the opinion was issued
As of Jun 04, 2026. Market Open.
HQ is in Israel. Large-cap pharma. Right now, #1-ranked in his ADR/CDR universe (international stocks with American/Canadian Depositary Receipts). We've seen rotation into drug stocks. Broke out over $21 in September and has kept right on going. Very strong accumulation for about 6 months now. No dividend.
(Analysts’ price target is $34.50)
There is a lot of M&A in the Pharma space. There are a lot of deals been done where you put two companies together and cut a whole lot of expenses. This sector has a tailwind and mergers and acquisitions will continue.