Jefferies leaves GSK on ‘hold’ – target 1475 pence – 12/07/22 – News

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NEW YORK (dpa-AFX Analyzer) – The analysis house Jefferies left the rating for GSK on “Hold” with a price target of 1475 pence after a court ruling on alleged cancer risks of the drug Zantac. The court ruling was positive for the two affected pharmaceutical manufacturers GSK and Sanofi, wrote analyst Peter Welford in a study available on Wednesday. It could be seen as a landmark for US federal lawsuits, particularly in the state of Delaware, where a majority of the lawsuits are pending. Study: 12/06/2022 / 5:13 p.m. / ET Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) WpHG, Art. 20 VO (EU) 596/2014 for the named analyst house can be found at http:/ /web.dpa-afx.de/disclosure/disclosure_compulsory.html.

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