Mylan Third Quarter 2015 Constant Currency Adjusted Total Revenues Increase 36% and Adjusted Diluted EPS Increases 23% to $1.43
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RBC Capital Cuts Price Target on Mylan (MYL) Ahead of PRGO Acquisition Tender deadline
November 2, 2015 9:39 AM ESTRBC Capital maintained a Sector Perform rating on Mylan (NASDAQ: MYL), and cut the price target to $60.00 (from $64.00), as focus is now squarely on the 11/13 tender deadline in MYL's attempt to acquire PRGO. Lingering questions continue to surround the company.
Analyst Randall Stanicky... More
Guggenheim Sidelined on Mylan (MYL) Until More Clarity on M&A Strategy, FY18 Expectations is Offered
October 30, 2015 11:28 AM EDTGuggenheim remains Neutral on Mylan (Nasdaq: MYL) following Q3 results issued earlier Friday.
Analyst Louise Chen noted the following key points from the report:
Appointment of Ranjan Ray Chaudhuri (strong OTC experience) underscores MYL's commitment to acquiring PRGO, in our view;Strong... MoreMylan (MYL) Tops Q3 EPS by 5c; Sees FY15 EPS at High End of Outlook
October 30, 2015 7:02 AM EDTMylan (NASDAQ: MYL) reported Q3 EPS of $1.43, $0.05 better than the analyst estimate of $1.38. Revenue for the quarter came in at $2.71 billion versus the consensus estimate of $2.79 billion.
Mylan CEO Heather Bresch commented, "Our outstanding third quarter results underscore the diversity of Mylan's platform... More
