Depomed Issues Statement in Response to Starboard’s Press Release

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DepoMed (DEPO): Raising PT On Increasing Likelihood Of A Sale - Mizuho

May 27, 2016 7:05 AM EDT

Mizuho analyst, Irina Koffler, is raising her PT on DepoMed Inc (NASDAQ: DEPO) to $23 from $19 on increased sale probability and expectations of a higher takeout valuation as Starboard involvement escalates. No change to Buy rating.

"After market, Starboard filed its proxy solicitation to... More