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Morgan Stanley Cuts Perrigo's Price Target To $112, Expects Lower Long-Term Growth
Tuesday, April 26, 2016 - 9:25am | 255Read More...While naming its new CEO, Perrigo Company plc Ordinary Shares (NYSE: PRGO) also lowered its 2016 guidance, within nine weeks of having issued it. Morgan Stanley’s David Risinger maintained an Equal-Weight rating on the company, while lowering the price target from $151 to $112, to reflect...
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Pharma Names Under Pressure Amid Perrigo Warning
Monday, April 25, 2016 - 1:53pm | 290Read More...Shares of Perrigo Company plc (NYSE: PRGO) plunged more than 15 percent on Monday and hit a new 52-week low after the company appointed John T. Hendrickson as CEO and provided preliminary first quarter results in addition to full year 2016 guidance. Henrdickson was named as CEO following the...
