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Fly News Breaks for January 15, 2016
AKRX
Jan 15, 2016 | 09:29 EDT
Craig-Hallum analyst Matt Hewitt calls the Nasdaq listing extension a positive for Akorn and says the company's new auditor, BDO USA, is expected to expedite the restatement process. Akorn's fundamentals and balance sheet remain strong, Hewitt tells investors in a research note. He keeps a Buy rating on the stock with a $45 price target.
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