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Stock Market & Financial Investment News

News Breaks
January 17, 2014
08:21 EDTPRGOConcerns on Perrigo overdone, says RBC Capital
RBC Capital reported that investors have become concerned about Perrigo due to a later start to the flu season, early mixed channel commentary and a lack of P&L clarity. But the firm thinks the concerns are overdone, as it believes that flu has less of an impact on Perrigo's business now than in the past, while the company has several unrelated upcoming positive catalysts. The firm keeps a Top Pick rating on the stock.
News For PRGO From The Last 14 Days
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December 19, 2014
10:12 EDTPRGOHigh option volume stocks
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December 17, 2014
13:32 EDTPRGOPerrigo jumps after analyst discusses potential takeover by Teva
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09:26 EDTPRGOPerrigo would be good acquisition for Teva, says RBC Capital
RBC Capital views Perrigo (PRGO) as an attractive acquisition target and says in a note to investors that it thinks a takeover could be a good strategic fit with solid accretion for Teva (TEVA). Teva has interest in over-the-counter products and its growth rate would be boosted by the merger, RBC believes. The firm assumes a $200 per share value for Perrigo in its acquisition assumptions. Shares of the over-the-counter and generic pharmaceuticals company closed yesterday at $153.77.

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