Endo Pharmaceuticals (ENDP) New CEO Is the Real Deal - Jefferies
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Leerink Swann Upgrades Endo Pharma (ENDP) to Outperform
June 6, 2013 7:54 AM EDTLeerink Swann upgraded Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) from Market Perform to Outperform with a modified price target of $48 (from $37). Analyst Michael Schmidt said he thinks guidance is now achievable since expectations have come down.
"We believe ENDP's new 2013 adjusted EPS... More
Cantor Fitzgerald Cuts Endo Pharma (ENDP) to Sell; Not Optimistic Restructuring
June 6, 2013 7:14 AM EDTCantor Fitzgerald downgraded Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) from Hold to Sell with a price target of $30.00 (from $36.00). Analyst Irina Rivkind is not optimistic about the company's restructuring plans.
"We don't think that a series of small deals, cost-cutting, and improved... More
Jefferies Reiterates Buy on Endo Pharmaceuticals (ENDP) on Restructuring News
June 6, 2013 7:01 AM EDTJefferies reiterated a Buy rating and $37 price target on Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) after the company announced a major restructuring Wednesday evening.
Analyst Corey Davis the news comes ahead of schedule and the magnitude of the cost... More
Endo Health (ENDP) Acnnounces Cost Reductions; Will Trim Workforce 15%
June 5, 2013 4:17 PM EDTEndo Health Solutions (Nasdaq: ENDP) today outlined the strategic, operational and organizational steps it is taking to refocus the Company and drive shareholder value. These actions are the result of a comprehensive assessment of Endo's strengths and challenges, its cost structure and execution capabilities, and its most promising opportunities to drive future cash flow and earnings growth. Specifically, the Company announced plans to:
* Reduce annual operating expenses by $325 million
* Explore strategic alternatives for its HealthTronics business and branded pharmaceutical discovery platform
* Improve R&D efficiency and effectiveness, with a focus on development... More
