Goldman Sachs Downgrades Impax Laboratories (IPXL) to Sell

September 22, 2011 8:44 AM EDT
Get Alerts IPXL Hot Sheet
Price: $18.30 --0%

Rating Summary:
    8 Buy, 15 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Impax Laboratories (NASDAQ: IPXL) to Sell with a price target of $21.00.

The firm cited the absence of near-term catalysts to drive confidence and visibility, while risks persist, and below-consensus EPS estimates.

For more ratings news on Impax Laboratories click here and for the rating history of Impax Laboratories click here.

Shares of Impax Laboratories closed at $20.91 yesterday.


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