-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们将目标股价从36美元上调至42美元，相当于2027年每股收益预测值3.09美元的13.6倍，高于TEVA的历史平均预期市盈率，我们认为，其不断改善的增长前景是合理的。我们将2026年每股收益预期从2.77美元下调至2.11美元，以调整Emalex收购的影响。我们维持2027年每股收益预期3.09美元不变。Teva公布了稳健的第一季度业绩，超出预期，这主要得益于其创新增长引擎（AUSTEDO、AJOVY和UZEDY）的持续强劲表现，这三款产品合计增长41%，成功抵消了仿制药REVLIMID失去独家销售权带来的预期收入下降。我们认为，新近宣布的以7亿美元收购Emalex的交易（预计将于第三季度完成）是一项重要的战略举措，也是一个重大利好。该交易将把已获得新药申请（NDA）资格的、同类首创的先导化合物Ecopipam（用于治疗图雷特综合征，该疾病目前存在巨大的未满足医疗需求）纳入梯瓦的神经科学产品线。我们认为，此次收购将加速梯瓦向创新型、高利润产品的转型。
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