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Added to YB: 2024-09-10

Pitch date: 2024-06-30

TEVA [neutral]

Teva Pharmaceutical Industries Limited

+81.98%

current return

Author Info

No bio for this author

Company Info

Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Market Cap

$30.7B

Pitch Price

$16.37

Price Target

N/A

Dividend

N/A

EV/EBITDA

9.65

P/E

43.30

EV/Sales

2.72

Sector

Pharmaceuticals

Category

value

Show full summary:
RS Large Cap Val Strategy Portfolio Holding: Teva Pharmaceutical Industries Limited

TEVA: Outperformed peers in Q2 on positive clinical data, new product launches, stable generic pricing. Strong sales of Ajovy & Austedo. Phase 3 Olanzapine success, Humira/Stelara biosimilars approved. Net leverage down to ~3x. Undervalued at 7x EV/EBITDA despite transformation from commodity generics.

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