S&P Capital IQ Picks AGN Focus Stock of the Week
NEW YORK, Jan. 7, 2013 /PRNewswire/ -- Allergan Inc. (NYSE: AGN $98) has been picked by S&P Capital IQ as its Focus Stock of the Week. AGN carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"We see solid growth prospects in Allergan's core Botox and ophthalmic pharmaceutical franchises, and an advancing pipeline that we expect to spawn multiple drivers over the coming years," said Herman Saftlas, equity analyst at S&P Capital IQ. "Unlike many big pharma players, we believe that most of the company's key franchises are valued proprietary brands with limited generic exposure."
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