AstraZeneca's Research Engine Is Still Humming -- Market Talk
Dow Jones2026/10/07 13:291329 GMT - AstraZeneca has a strong research-and-development engine that is still running despite recent setbacks, which bodes well for the U.K. drugmaker's long-term outlook, Bernstein analysts say in a research note. Shares in AstraZeneca have been under pressure lately and some investors are debating whether its current woes are comparable to what Swiss peer Roche experienced between 2022 and 2025, when it was punished by the market after a series of disappointing trials, the analysts say. The breadth and depth of AstraZeneca's drug pipeline means those fears seem misplaced and the U.K. company is unlikely to share Roche's fate, the analysts add. Bernstein trims its target price on AstraZeneca to 198 pounds from 200 pounds. Shares rise 1% to 120.80 pounds. (adria.calatayud@wsj.com) (END) Dow Jones Newswires October 07, 2026 09:29 ET (13:29 GMT)
1329 GMT - AstraZeneca has a strong research-and-development engine that is still running despite recent setbacks, which bodes well for the U.K. drugmaker's long-term outlook, Bernstein analysts say in a research note. Shares in AstraZeneca have been under pressure lately and some investors are debating whether its current woes are comparable to what Swiss peer Roche experienced between 2022 and 2025, when it was punished by the market after a series of disappointing trials, the analysts say. The breadth and depth of AstraZeneca's drug pipeline means those fears seem misplaced and the U.K. company is unlikely to share Roche's fate, the analysts add. Bernstein trims its target price on AstraZeneca to 198 pounds from 200 pounds. Shares rise 1% to 120.80 pounds. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
October 07, 2026 09:29 ET (13:29 GMT)
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