Mizuho Securities Starts Endo International plc (ENDP) at Buy

Mizuho Securities initiates coverage on Endo International plc (NASDAQ: ENDP) with a Buy rating and a price target of $82.00.

Analyst Irina Koffler commented, "We think that Endo's newly strengthened generics business should drive attractive top and bottom line growth, acting as a defensive hedge to the pricing concerns overhanging the sector. We also expect the company to remain active on the M&A front, picking up smaller distressed branded companies or late stage pipeline assets until it can de-lever and execute even bigger deals."

For an analyst ratings summary and ratings history on Endo International plc click here. For more ratings news on Endo International plc click here.

Shares of Endo International plc closed at $63.14 yesterday.

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