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Enter Symbol:
Elan Corporation, Plc (ELN) [hlAlert]

down 37.56 %

Elan Corporation, Plc (ELN) upgraded to Buy by UBS

Posted on: Tuesday,  Aug 14, 2012  8:25 AM ET by UBS

UBS rated Buy Elan Corporation, Plc (NYSE: ELN) on 08/14/2012. Previously UBS rated Sell Elan Corporation, Plc (NYSE: ELN) on 04/22/2010.,
when the stock price was $7.33. Since then, Elan Corporation, Plc has gained 60.16% as of 08/14/2012's recent price of $11.74.
If you would have followed the previous UBS's recommendation on ELN, you would have lost 37.56% of your investment in 845 days.

Elan Corporation, plc (Elan) is a neuroscience-based biotechnology company. Its principal research and development, manufacturing and marketing facilities are located in Ireland and the United States. Elan?s operations are organized into two business units: Biopharmaceuticals and Elan Drug Technologies (EDT). Biopharmaceuticals engages in research, development and commercial activities primarily in neuroscience, autoimmune and severe chronic pain. EDT focuses on the specialty pharmaceutical industry, including specialized drug delivery and manufacturing. In September 2009, the Company and Johnson & Johnson announced that JANSSEN Alzheimer Immunotherapy, a newly formed subsidiary of Johnson & Johnson, has completed the acquisition of substantially all of the assets and rights of Elan related to its Alzheimer`s Immunotherapy Program (AIP).

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/14/2012 8:25 AM Buy
as of 12/31/2012
1 Week down  -0.58 %
1 Month up  2.30 %
3 Months down  -4.75 %
1 YTD up  1.52 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/22/2010 8:25 AM Sell
10/29/2009 8:25 AM Hold
7/20/2009 8:25 AM Buy
7/10/2008 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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