Dow tries to rebound from longest losing streak since 1974 [USA TODAY]
Vertex Pharmaceuticals Incorporated (VRTX)
Last vertex pharmaceuticals incorporated earnings: 4/29 04:01 pm
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Source: USA TODAY
The Fed lowered its benchmark, short-term fed funds rate late Wednesday by a quarter percentage point, as expected, but pared back its forecast for rate cuts next year. It only expects to cut its rate twice, by a quarter precentage point each time amid forecasts for higher inflation. That's down from its September forecast for four rate cuts at a quarter-point each. Prospects for fewer rate cuts and higher inflation pummeled all three main U.S. stock indexes, which posted their sharpest daily declines since August. "Santa came early and dropped a 25 (quarter percentage point) rate cut in the market's stocking but accompanied it with a note saying that there would be coal next year," said Chris Zaccarelli, chief investment officer for Northlight Asset Management. By Thursday afternoon, the indexes had bounced back a little. The broad S&P 500 index was up 0.40%, or 23.36 points, at 5,895.52, and the tech-lade Nasdaq was up 0.48%, or 92.31 points, at 19,485.01. The blue-chip Dow was
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VRTX
News
- Vertex to Present at the 43rd Annual J.P. Morgan Healthcare Conference on January 13Business Wire
- Vertex Secures FDA Approval for New Cystic Fibrosis Drug Alyftrek [Yahoo! Finance]Yahoo! Finance
- Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) had its price target raised by analysts at Scotiabank from $426.00 to $430.00. They now have a "sector perform" rating on the stock.MarketBeat
- Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) had its price target lowered by analysts at Truist Financial Co. from $550.00 to $460.00. They now have a "buy" rating on the stock.MarketBeat
- Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) had its price target lowered by analysts at JPMorgan Chase & Co. from $503.00 to $500.00. They now have an "overweight" rating on the stock.MarketBeat
VRTX
Earnings
- 11/4/24 - Beat
VRTX
Sec Filings
- 12/20/24 - Form 8-K
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- VRTX's page on the SEC website