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Fly News Breaks for February 28, 2020
Feb 28, 2020 | 07:34 EDT
RBC Capital analyst Randall Stanicky lowered the firm's price target on Akorn to $2 from $5 and keeps a Sector Perform rating on the shares. The analyst notes the company's below-consensus Q4 earnings with no commentary on 2020 outlook, even though he believes that investor focus has shifted to its ongoing sale process and litigation for the foreseeable future.
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