Information Provided By:
Fly News Breaks for March 29, 2018
FMS, AKRX
Mar 29, 2018 | 08:09 EDT
RBC Capital analyst Randall Stanicky lowered his price target on Akorn (AKRX) to $25 on "probability-adjusted scenario analysis" around the company's ongoing takeover discussions with Fresenius (FMS). Stanicky says that while the closing of the deal is the most likely outcome, there is some uncertainty based on last month's reports of "data integrity breaches" at Akorn. The analyst adds that his calls to Fresenius management have not yielded any updates, keeping his Sector Perform rating on Akorn.
News For AKRX;FMS From the Last 2 Days
There are no results for your query AKRX;FMS