Amneal And Impax To Combine

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Impax Laboratories (IPXL) PT Lowered to $17 at Cowen Following Announced Deal with Amneal

October 17, 2017 11:42 AM EDT

Cowen lowered its price target on Impax Laboratories (NASDAQ: IPXL) to $17.00 (from $20.00) while maintaining a Market Perform rating following the company's announced business combination with Amneal. This deal will allow them to become the 5th largest generic company in the U.S.

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