Perrigo (PRGO) Stock Offers More Upside Than Mylan (MYL) Deal - Guggenheim

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Stifel Upgrades Perrigo Co. (PRGO) to Buy

November 13, 2015 1:31 PM EST

Stifel upgraded Perrigo Co. (NYSE: PRGO) from Hold to Buy with a price target of $195.00.

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 $156.55 yesterday.

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Perrigo (PRGO) Reaffirms View, Calls Mylan's (MYL) Tactics 'Desperate'

November 10, 2015 9:56 AM EST

Perrigo (NYSE: PRGO) issued the following response to Mylan's (Nasdaq: MYL) press release.

Mylan is resorting to desperate tactics on the eve of its tender offer deadline, having failed to persuade our long-term shareholders of the merits of its inadequate offer.

First, as much as Mylan would like to highlight made-up numbers, the actual premium it has offered is one of the lowest on record. It is simply not an acceptable change of control premium, and the grossly inadequate offer does not even remotely reflect the value of... More