Barclays Gets Bullish On US Biotechnology Sector (BBH)
May 20th, 2009
Biotech HOLDRs (NYSE: BBH) is seeing some upside action today after the biotech industry received its second major upgrade in the past few weeks. The ETF is up 1% today.
Today, Barclays upgraded the US Biotechnology sector from Neutral to Positive, citing valuation and saying they see significant opportunity for the group into 2nd-half of 2009.
Full Story: http://www.streetinsider.com/Upgrades/Barclays+Gets+Bullish+On+US+Biotechnology+Sector+(BBH)/4671142.html
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