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Jefferies maintains Genzyme at buy
Genzyme Corp. was maintained by Jefferies & Co., Inc. analyst Adam K. Walsh at a buy rating as the company prerecorded fourth-quarter 2005 revenue of $722 million, 3% under the analyst's estimate of $744 million. Earnings per share for the same quarter are estimated at $0.63. Shares of the Cambridge, Mass., biopharmaceutical company were down 62 cents, or 0.83%, at $74.42 on volume of 3,418,544 shares versus the three-month running average of 2,145,650 shares.
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