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Fly News Breaks for September 1, 2015
ENDP
Sep 1, 2015 | 06:39 EDT
As previously reported, Morgan Stanley downgraded Endo to Equal Weight from Overweight. The firm expects multiple contraction given high generics exposure and branded pipeline uncertainty combined with uncertain growth beyond 2017. Morgan Stanley lowered its price target to $85 from $101 on shares.
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