Tag Archives: esrx

Allergan, Apple Hedge Fund Favorites; Disney Shorted

Drug giant Allergan (AGN) and Apple (AAPL) are top favorites of hedge funds, while Express Scripts Holding (ESRX), Walt Disney (DIS) and IBM (IBM) lead the list of most shorted stocks, according to a Goldman Sachs report. Allergan in early August only modestly beat analysts’ Q2 consensus estimates, and its stock fell shortly after the stock touched its all-time high above 340. Shares were down 1% in midday trading in the stock market today, near

Horizon Pharma Survives Through Transformation

A lot’s been going on with specialty drugmaker Horizon Pharma — so much that it’s almost a different company from what it was 12 months ago. Last July, Horizon (HZNP) learned that Express Scripts (ESRX) and CVS ‘ (CVS) Caremark were knocking its flagship drugs Vimovo and Duexis off their preferred-formulary lists on the grounds that both drugs, which combine treatments for arthritis pain with other medicines protecting against the painkillers’

Horizon Pharma Up On Bullish Leerink Initiation

Specialty drugmaker Horizon Pharma (HZNP) rose as much as 3.75 early Friday after Leerink launched coverage with an outperform rating. Analyst Jason Gerberry wrote that Horizon’s legacy brands — the arthritis medicines Vimovo and Duexis — have proved surprisingly resilient despite being removed from the preferred formularies of Express Scripts (ESRX) and CVS Health (CVS) this year. The cash flow from those brands should help the company build out