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Teva Pharma (TEVA) Offers $82/Share for Mylan (MYL)

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Stifel Downgrades Perrigo Co. (PRGO) to Hold

April 21, 2015 1:34 PM EDT

Stifel downgraded Perrigo Co. (NYSE: PRGO) from Buy to Hold.

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

Shares of Perrigo Co. closed at $198.08 yesterday.

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BMO Capital Upgrades Mylan (MYL) to Market Perform

April 21, 2015 12:52 PM EDT

BMO Capital upgraded Mylan (NASDAQ: MYL) from Underperform to Market Perform with a price target of $75.00 (from $41.00).

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 $68.05 yesterday.

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Teva Pharma (TEVA) Needs to Raise Mylan (MYL) Bid to $85-$88/Share, Leerink Partners Says

April 21, 2015 12:10 PM EDT

Leerink Partners analyst Jason Gerberry weighed on Teva Pharma (NYSE: TEVA) after the company announced an unsolicited $82/share offer for Mylan (NASDAQ: MYL). The analyst said Teva will likely have to raise its bid to $85-$88 share and even that might not get it done. The analyst said while the deal makes sense, hostile deals carry a low success rate. Despite the comments, the firm... More

Teva (TEVA) May Approach Mylan (MYL) as Soon as Tuesday - Bloomberg

April 21, 2015 6:37 AM EDT

Teva Pharma (NYSE: TEVA) is preparing an unsolicited offer for Mylan (NASDAQ: MYL) and could release a public bid for the company as soon as Tuesday, according to Bloomberg sources.

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Teva Pharma (TEVA) Doesn't Need Mega Deal: Deutsche Bank (MYL)

April 20, 2015 9:10 AM EDT

It isn't all about size and near-term EPS accretion, said Deutsche Bank analyst Gregg Gilbert, speaking in regard to Teva Pharma (NYSE: TEVA) M&A. Comments follow rumors last week that suggested it was planning a bid for Mylan (NASDAQ: MYL). Mylan previously announced a deal to acquire Perrigo (NYSE:... More

Teva (TEVA) Said Considering Bid for Mylan (MYL)

April 17, 2015 2:21 PM EDT

(Updated - April 17, 2015 2:26 PM EDT)

Mylan (Nasdaq: MYL) shares spiked and were paused Friday afternoon on reports Teva Pharma (NYSE: TEVA) is considering a bid for the company, according to Dow Jones... More