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Fly News Breaks for September 23, 2016
ACET
Sep 23, 2016 | 07:22 EDT
First Analysis analyst Steven Schwartz said his meetings with ACETO's CEO gave him additional perspective on the generics headwinds facing the company and he lowered his estimates following the meetings. Schwartz cut his price target on ACETO to $23 from $27, but keeps an Overweight rating on shares citing his view that current challenges are priced in and the company's longer-term opportunity remains.
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