Economy

Sibanye Gold Ltd (ADR) (NYSE:SBGL), Coherus Biosciences Inc (NASDAQ:CHRS)

At recent session, the prices were hovering between $14.05 and $15.875.

Several brokerages recently commented on CHRS. Robert W. Baird analysts stated on 19/10/2016 that they launched coverage on this stock with Outperform rating. Until then, the company enjoys exclusivity and market domination. Panagora Asset Mngmt stated it has 0.01% of its portfolio in Coherus Biosciences Inc (NASDAQ:CHRS).

Analyst rating about Coherus Biosciences, Inc. Vanguard Group Inc. now owns 2,209,244 shares of the biotechnology company's stock valued at $46,726,000 after buying an additional 1,039,402 shares during the last quarter.

Analysts await Magellan Health Inc (NASDAQ:MGLN) to report earnings on August, 4. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Coherus' business in general, see Coherus' Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed with the Securities and Exchange Commission on May 8, 2017 and its future periodic reports to be filed with the Securities and Exchange Commission. The company has market cap of $733.67 million. The company presently has an average rating of "Buy" and a consensus target price of $40.63. Vanguard Group Inc. boosted its position in Coherus BioSciences by 88.8% in the first quarter. On average, equities research analysts expect that Coherus BioSciences will post ($5.13) EPS for the current year. Fmr Ltd Limited Liability Company reported 0.02% in Coherus Biosciences Inc (NASDAQ:CHRS). TIAA CREF Investment Management LLC now owns 586,875 shares of the biotechnology company's stock valued at $12,412,000 after buying an additional 308,332 shares during the last quarter.

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The Food and Drug Administration has rejected Coherus BioSciences' biosimilar of Amgen's cancer drug Neulasta (pegfilgrastim), sending shares in the biosimilars-focused company tumbling 24% Monday. In a transaction dated April 03, 2017, the shares were put up for sale at an average price of $20.73, raking in a sum of $234,933. Here's a quick look at what's moving shares of GE, CHRS, and FB. Zacks Investment Research cut Coherus Biosciences from a "buy" rating to a "hold" rating in a research note on Thursday, February 16th. Rock Springs Capital Management LP boosted its stake in shares of Coherus Biosciences by 16.9% in the third quarter. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the stock. AXA boosted its stake in shares of Coherus Biosciences by 19.1% in the first quarter. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of U.S. and worldwide trademark and copyright laws. Hedge funds and other institutional investors own 64.52% of the company's stock.

CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Coherus BioSciences, Inc.is a late-stage clinical biologics platform company, which engages in the development and commercializition of biosimilar therapeutics worldwide.

Coherus, which is developing various biosimilars, has also submitted an application to market its Neulasta copy in Europe.

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