Teva (NYSE:TEVA) Valuation Check After Strong Q3, Margin Targets and Deleveraging Drive a Sharp Share Price Rebound
Teva Pharmaceutical Industries (NYSE:TEVA) has seen a sharp share price rebound after strong Q3 results, with revenue up 3% and improved debt ratios. The stock returned 36% in one month and 46.9% in three months, reaching $27.83. Analysts suggest Teva is 20% undervalued, with potential growth from biosimilars and innovative drugs. However, its high PE ratio of 44.8x raises caution compared to industry averages. Investors are advised to consider risks and opportunities in Teva's turnaround story.
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