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Fly News Breaks for March 19, 2019
AGN
Mar 19, 2019 | 16:28 EDT
SunTrust analyst Gregg Gilbert initiated Allegran with a Buy rating and a price target of $178. The analyst states that while the stock has been underperforming, he also sees it as inexpensive with valuation reflecting competitive threats to franchises. Gilbert believes that Allergan offers an "attractive return potential over the next 12+ months if the company continues to meet or exceed its financial targets".
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