B. Riley Downgrades Perrigo Co. (PRGO) to Neutral
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Go back to B. Riley Downgrades Perrigo Co. (PRGO) to Neutral
February 19, 2016 9:05 AM EST
Jefferies maintained a Buy rating on Perrigo Co. (NYSE: PRGO), and cut the price target to $163.00 (from $209.00), following BCH results. The surprisingly weak Q4 BCH results has Jefferies cutting PRGO's FY16-20 rev estimates by 16%. While BCH surprised to the downside, there is... More
February 19, 2016 7:55 AM EST
RBC Capital analyst, Randall Stanicky, has less confidence in his Perrigo Co. (NYSE: PRGO estimates and cut his target price after the Q4 miss. Lacking catalysts, he cut his target price to $153 from $176 and suggests investors stay on the sidelines.
New 2016-18E EPS are $9.46, $10.55 and $11.80, below the low end of management's revised range of $9.50... More
February 18, 2016 6:07 AM EST
Perrigo (NYSE: PRGO) reported Q4 EPS of $1.80, $0.12 worse than the analyst estimate of $1.92. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.46 billion.
GUIDANCE:
Perrigo sees FY2016 EPS of $9.50 - $9.80, versus the consensus of $9.74.
For earnings history and earnings-related data on Perrigo (PRGO) click here.
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