Teva CEO exits in ongoing crisis of confidence at drugmaker

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Mizuho Reiterates Neutral Rating for Teva (TEVA) Following CEO Departure

February 7, 2017 5:38 AM EST

Mizuho Securities analyst Irina Koffler maintains Neutral rating and $40 price target on Teva Pharmaceuticals (NYSE: TEVA) suggesting management change may not impact stock performance. Chairman of the Board, Dr. Yitzhak Peterburg, will begin serving as President and Interim CEO immediately.

Koffler comments, Teva... More