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biotech_researcher

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biotech_researcher

Re: BTH post# 7769

Saturday, 05/07/2011 6:08:09 AM

Saturday, May 07, 2011 6:08:09 AM

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why would corey at jpm increase the price target of ariad when his current price target hasnt even been reached?



BTH, that's simple.. AFTER Corey did his disconted cash flow analysis, there was a material change in that the trial will conclude eariler than expected. The DCF has changed, and so should the target price...kapesh?
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