Information Provided By:
Fly News Breaks for June 9, 2017
TMO, PTHN
Jun 9, 2017 | 05:54 EDT
Leerink analyst Puneet Souda downgraded Patheon (PTHN) to Market Perform citing the pending acquisition by Thermo Fisher (TMO). The analyst does not expect antitrust concerns. He raised his price target for Patheon shares to $35 from $31.