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Fly News Breaks for December 15, 2015
PRGO
Dec 15, 2015 | 07:41 EDT
Jefferies analyst David Steinberg says his sum-of-the-parts analysis suggests Perrigo shares could be "significantly undervalued." The stock's net present value should be at least $165 and could be as high as $190, Steinberg tells investors in a research note. He sees an attractive entry point at current levels and keeps a Buy rating on Perrigo with a $209 price target.
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