Endo Pharmaceuticals Holdings (ENDP) Tops Q3 EPS by 2c; Adjusts FY12 Outlook

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Jefferies Says Watch for Bottom in Endo Pharma (ENDP)

November 6, 2012 1:05 PM EST

Jefferies maintained a Buy on Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) but cut its price target of $36.00 (from $42.00) in the wake of the companys weak Q3 earnings report and lower guidance.

"Sentiment couldn't get much worse now, and [Monday's]... More