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Fly News Breaks for March 24, 2016
LCI
Mar 24, 2016 | 07:22 EDT
As reported previously, Canaccord downgraded Lannett two notches to Sell from Buy. After the company cut its guidance to below consensus expectations, the firm sees its multiple being lowered as well. Canaccord lowered its price target to $18 from $28 on Lannett shares.
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