CL King Cuts American Medical Systems (AMMD) to Sell
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Price: $29.98 --0%
Rating Summary:
1 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 1
Rating Summary:
1 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 1
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An analyst at CL King downgraded shares of American Medical Systems (NASDAQ: AMMD) following news Monday morning that Endo Pharma (Nasdaq: ENDP) will acquire the company in a $2.9 billion deal.
The firm cut its investment rating on AMMD shares from Buy to Sell but raised its price target on the stock from $24 to $30.
Shares of AMMD are up 32 percent to $29.48 Monday.
For more ratings news on American Medical Systems click here and for the rating history of American Medical Systems click here.
The firm cut its investment rating on AMMD shares from Buy to Sell but raised its price target on the stock from $24 to $30.
Shares of AMMD are up 32 percent to $29.48 Monday.
For more ratings news on American Medical Systems click here and for the rating history of American Medical Systems click here.
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