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Perrigo Company Public Limited Company Message Board

  • yandt3 yandt3 Jan 11, 2013 1:44 PM Flag

    Gomer Downgrade

    Perrigo (PRGO:$104.42,00$-5.81,00-5.27%) shares declined 5.2% following a downgrade to sell from Goldman Sachs on Thursday.
    "We downgrade PRGO to sell from neutral relative to our attractive coverage view with a $110, 12-month price target for 0% upside (vs. 9% for coverage)," said analysts at Goldman Sachs in a report.
    "Historically, PRGO's revenue/EPS has grown double digits with significant operating leverage. However, we estimate PRGO's growth rate will slow more in line with peers."

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155.97-1.10(-0.70%)12:34 PMEDT

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