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Fly News Breaks for November 11, 2016
PRGO
Nov 11, 2016 | 06:20 EDT
BofA/Merrill analyst Sumant Kulkami upgraded Perrigo to Neutral and maintained its price target of $54 csaying the strategic review provides some support. The analyst said Q3 earnings gave him some confidence that the core US Consumer Healthcare segment is steadily performing and the Rx business is on track versus lowered prices. He expects strategic review results in Q1 that could provide downside protection.
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