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Fly News Breaks for April 4, 2018
ENDP
Apr 4, 2018 | 05:47 EDT
Mizuho analyst Irina Koffler downgraded Endo International to Neutral and cut her price target for the shares to $7 from $12. The analyst sees the stock stalling in 2018 as the company uses cash for legal payments. She also expects Endo to take a goodwill impairment on its U.S. generics unit in Q1. Koffler sees a lack of catalysts for the shares this year and has a conservative outlook on the Xiaflex aesthetic opportunity.
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