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Enter Symbol:
 
Astrazeneca Plc (AZN) [hlAlert]

Rating:
Neutral AZN

Astrazeneca Plc (AZN) upgraded to Neutral by HSBC Securities

Posted on: Friday,  Feb 1, 2008  8:25 AM ET by HSBC Securities

AstraZeneca (AZN)
rated Neutral by HSBC Securities.

AstraZeneca PLC (AstraZeneca) is engaged in the discovery, development, manufacturing and marketing of prescription pharmaceuticals and biological products for important areas of healthcare: Cardiovascular, Gastrointestinal, Infection, Neuroscience, Oncology, and Respiratory and Inflammation. The Company?s product portfolio comprise: Arimidex, Crestor, Nexium, Seroquel and Symbicort. It has operations in various markets, such as China, United Kingdom, Sweden and the United States. It has 26 manufacturing sites in 18 countries. Cardiovascular product pipeline includes Saxagliptin, Dapagliflozin, Atherosclerosis/dyslipidaemia, Thrombosis and Atrial fibrillation. Gastrointestinal pipeline includes life cycle management initiatives. AstraZeneca?s Infection pipeline MedImmune and Dedicated tuberculosis (TB) research. Oncology product pipeline includes Zactima (vandetanib), Zactima (vandetanib), ZD4054 and MedImmune.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/26/2008 8:25 AM Sell
None
21.66
as of 12/24/2008
1 Week up  0.54 %
1 Month down  -4.77 %
3 Months up  12.06 %
1 YTD up  35.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/2/2008 8:25 AM Hold
None
20.17
3/19/2008 8:25 AM Buy
None
18.17
2/1/2008 8:25 AM Hold
None
20.63

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