Teva PharmaceuticalTEVACOMMENTDec 15, 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)
The problem in the generic space is that they are getting a lot of pricing deflation going on, which is hurting their business. This one is highly leveraged, which is why it is getting hurt. Also, they are a very litigious company.