UPDATE: Citi Upgrades Mylan (MYL) to Buy

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August 16, 2017 4:43 AM EDT
Get Alerts MYL Hot Sheet
Price: $15.86 --0%

Rating Summary:
    17 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 7 | New: 13
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(Updated - August 16, 2017 6:24 AM EDT)

(updated to add analyst comment)

Citi upgraded Mylan (NASDAQ: MYL) from Neutral to Buy with a price target of $42.00 (from $36.00).

Analyst Liav Abraham sees optionality on differentiated and durable generics portfolio and likes the broad pipeline of complex generics/biosimilars. The analyst views MYL as best positioned to execute in a challenging environment.

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

Shares of Mylan closed at $30.13 yesterday.


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