Perrigo Company Plc to Review Strategic Alternatives for Tysabri® Royalty Stream
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BofA/Merrill Lynch Upgrades Perrigo Co. (PRGO) to Neutral
November 11, 2016 6:43 AM ESTBofA/Merrill Lynch upgraded Perrigo Co. (NYSE: PRGO) from Underperform to Neutral.
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 $89.11 yesterday.
... MorePerrigo (PRGO) Tops Q3 EPS by 7c; Will Explore Strategic Alternatives for Tysabri
November 10, 2016 6:23 AM ESTPerrigo (NYSE: PRGO) reported Q3 EPS of $1.65, $0.07 better than the analyst estimate of $1.58. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.28 billion.
Perrigo also announced that as part of its ongoing business portfolio review, the Company will review strategic alternatives for the rights to the royalty stream from sales of the multiple sclerosis drug Tysabri® (natalizumab).
Perrigo's CEO... More
