Teva Pharmaceutical Industries Ltd ADR

TEVA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$45.10	Khd	Fypbmfnw

Teva's North America Sales Dip Amid Delta's Effect on Physician Visits in Q3

Damien Conover

Nov 2, 2021

Teva Pharmaceutical Industries' third-quarter results were generally in line with our forecasts. Revenue fell shy of our projections as the rise in delta variant cases suppressed broader pharmaceutical usage, so we expect sales to rebound somewhat next quarter. We maintain our $20 fair value estimate and no-moat rating.

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