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Fly News Breaks for November 10, 2016
IPXL
Nov 10, 2016 | 08:52 EDT
Leerink analyst Jason Gerberry lowered his price target for Impax to $15 from $24 after Q3 results for the company were relatively in line, but management dramatically reduced sales and EPS guidance reflecting continued competitive pressures in the U.S. generic space. The analyst reiterates a Market Perform rating on the shares.
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