Catalent to Acquire Cook Pharmica for $950 Million

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Go back to Catalent to Acquire Cook Pharmica for $950 Million

Catalent (CTLT) PT Raised to $45 at BofA/Merrill Lynch Following Announced Plans to Acquire Pharmica

September 20, 2017 9:19 AM EDT

BofA/Merrill Lynch raised its price target on Catalent (NYSE: CTLT) to $45.00 (from $40.00) while maintaining a Buy rating following the company's announced its intention to acquire Cook Pharmica for $950 in cash. CTLT expects the incremental free cash flow generation to assist in deleveraging,... More