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Fly News Breaks for August 11, 2016
PRGO
Aug 11, 2016 | 07:27 EDT
Deutsche Bank analyst Gregg Gilbert believes the post-earnings pullback in shares of Perrigo creates an "ideal set-up from here." The company's lowered outlook, while disappointing, is "meetable/beatable," Gilbert tells investors in a research note. He lowered his price target for Perrigo to $105 from $115 and keeps a Buy rating on the shares.
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