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Fly News Breaks for March 17, 2016
ENDP
Mar 17, 2016 | 13:10 EDT
Stifel analyst Annabel Samimy lowered his estimates for Endo after the company updated its guidance to adjust for its expected quarterly cadence. Samimy also cites expectations for negative opioid dynamics, due to this week's new CDC guidance and lapping last year's price increases, for his estimate cut. However, the analyst still thinks Endo has sound prospects for growth and keeps a Buy rating and $100 price target on the stock.
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