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Fly News Breaks for September 13, 2016
PRGO
Sep 13, 2016 | 07:14 EDT
Deutsche Bank analyst Gregg Gilbert says Starboard Value "has some relevant points" on Perrigo. The analyst agrees that the stock is undervalued and he keeps a Buy rating on the name. There could be "multiple routes to value enhancement from the current price," Gilbert tells investors in a research note after Starboard took an activist position in the name. He has a Buy rating on the shares with a $105 price target.
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