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Funds Increase Stakes in Teva as UBS Lifts Price Target to $48

Teva Pharmaceutical Industries logoTeva Pharmaceutical Industries
Sig1.18Sen+1.65Env0.00Soc0.00Gov0.00

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought 997,617 Teva shares worth about $33.8 million. WCM Investment Management LLC increased its holding to 40,820,600 shares worth about $1.16 billion, and Clal Insurance added shares to 37,404,106. UBS raised its Teva target price from $42 to $48 and reiterated a buy rating.

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