Teva PharmaceuticalTEVADON'T BUYDec 13, 2016Stock 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)
This has had 4 quarters of earnings decline, and there may well be some benefit that comes out of restructuring. They made an acquisition and are hoping they can cut some costs and do well with marketing the products. At this time, there is no evidence that that is happening yet. The stock is not behaving well. He would be a little careful on this and look at something else.