Teva to Present at the Bank of America Merrill Lynch 2016 Health Care Conference
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Piper Jaffray Remains Sidelined on Teva Pharma (TEVA) Following 1Q - PT to $58
May 10, 2016 8:04 AM EDTPiper Jaffray maintained a Neutral rating on Teva Pharma (NYSE: TEVA), and cut the price target to $58.00 (from $59.00), following the company's 1Q earnings report. TEVA reported a non-GAAP EPS of $1.20 on revenues of $4.81B, ahead of the Street's estimates of $1.17 and $4.77B, respectively. Management noted that companies with older, more commodity-focused portfolios should expect... More
