PRGO Perrigo price target raised to $150 from $132 at JPMorgan...$140 price target on the shares at UBS
August 16, 2013
Perrigo creates buying opportunity, says UBS
After Perrigo reported lower than expected Q4 revenue and provided lower than expected FY14 EPS guidance, UBS thinks the company's underlying business remains strong. The firm thinks the company is on track to generate $8 per share of EPS in FY15 and it keeps a $140 price target on the shares
Perrigo price target raised to $150 from $132 at JPMorgan
JPMorgan raised its price target for Perrigo (PRGO) to reflect the company's pending acquisition of Elan (ELN) and keeps an Overweight rating on the stock.