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Fly News Breaks for April 26, 2016
PRGO
Apr 26, 2016 | 07:24 EDT
Jefferies analyst David Steinberg downgraded Perrigo to Hold saying the "major downward revision" to guidance and "full valuation" offer limited share upside. It is increasingly clear that the November 2014 acquisition of Omega "is a near disaster," Steinberg tells investors in a research note. The analyst cut his price target for the shares to $112 from $163.
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