Markets & Finance

AG Edwards Cuts AmerisourceBergen Rating


Analyst Andrew Speller says he thinks underlying U.S. pharmaceutical industry fundamentals are deteriorating and will further pressure valuation on these three companies. Speller's concerns center on persistent lackluster weekly prescription trends as provided by IMS Health, and substantiated by declining monthly pharmacy sales comps reported by major drug retailers.

Speller thinks the shifting of costs from employers to employees in the form of higher co-pays has negatively impacted script trends. He notes many victims of recent massive corporate layoffs have seen their insurance expire under COBRA.


Monsanto vs. GMO Haters
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus