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Cowen Cuts Watson Pharma (WPI) to Neutral

January 24, 2012 12:49 PM EST
Get Alerts WPI Hot Sheet
Price: $85.73 --0%

Rating Summary:
    13 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 20
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Cowen downgraded shares of Watson Pharmaceuticals (NYSE: WPI) from Outperform to Neutral Tuesday afternoon.

The call follows preliminary FY11 results and FY12 guidance from Watson this morning. The company also announced an agreement to acquire Ascent Pharmahealth in Australia.

The stock is down nearly 2 percent at last check.

For an analyst ratings summary and ratings history on Watson Pharmaceuticals click here. For more ratings news on Watson Pharmaceuticals click here.


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