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Fly News Breaks for May 6, 2016
ENDP
May 6, 2016 | 06:44 EDT
Leerink analyst Jason Gerberry downgraded Endo International citing the company's lowered business outlook, a lack of near-term catalysts and a lack of conviction that management can turnaround the business in a "timely fashion." Gerberry cut his price target for the shares to $23 from $37. Piper Jaffray this morning also downgraded Endo post the company's earnings.
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