West Pharma (WST) Misses Q1 EPS by 2c, Beats on Revenues; Offers FY18 EPS/Revenue Mid-Point Outlooks Above Consenus

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BofA/Merrill Lynch Downgrades West Pharmaceutical (WST) to Underperform

April 25, 2018 6:03 AM EDT

BofA/Merrill Lynch downgraded West Pharmaceutical (NYSE: WST) from Neutral to Underperform with a price target of $85.00 (from $100.00).

Analyst Derik de Bruin cites an increasing cautious outlook on teh business and believes the valuation is more than full.

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