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Jefferies Starts Questcor Pharmaceuticals (QCOR) at Buy

September 20, 2011 7:23 AM EDT
Get Alerts QCOR Hot Sheet
Price: $93.60 --0%

Rating Summary:
    5 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 2
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Jefferies initiates coverage on Questcor Pharmaceuticals (NASDAQ: QCOR) with a Buy. PT $36.00.

The firm states, "We believe the next leg of Acthar's growth story should come from the nephrotic syndrome market where the company recently announced a major marketing initiative. The multiple sclerosis market should continue to grow at a healthy trajectory and will likely be the key sales driver in the near-term."

For more ratings news on Questcor Pharmaceuticals click here and for the rating history of Questcor Pharmaceuticals click here.

Shares of Questcor Pharmaceuticals closed at $27.80 yesterday.


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