Wells Fargo Starts Perrigo Co. (PRGO) at Outperform

Go back to Wells Fargo Starts Perrigo Co. (PRGO) at Outperform

Jefferies Cuts Perrigo's (PRGO) Price Target Following Weak BCH Results

February 19, 2016 9:05 AM EST

Jefferies maintained a Buy rating on Perrigo Co. (NYSE: PRGO), and cut the price target to $163.00 (from $209.00), following BCH results. The surprisingly weak Q4 BCH results has Jefferies cutting PRGO's FY16-20 rev estimates by 16%. While BCH surprised to the downside, there is... More