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Fly News Breaks for August 10, 2017
PRGO
Aug 10, 2017 | 12:55 EDT
Cantor analyst Louise Chen raised her price target on Perrigo to $93 from $85, citing higher expectations for its earnings and its multiple after the company's Q2 report and guidance increase. Chen, who thinks the company can grow on the top and bottom lines for every business segment in 2018, keeps an Overweight rating on Perrigo shares.
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