Impax Labs (IPXL) Tops Q3 EPS by 2c

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Piper Jaffray Downgrades Impax Laboratories (IPXL) to Neutral

November 5, 2014 6:39 AM EST

Piper Jaffray downgraded Impax Laboratories (NASDAQ: IPXL) from Overweight to Neutral with a price target of $31.00 (from $35.00) following Q3 results and several question marks.

Analyst David Amsellem comments, "IPXL reported diluted EPS of $0.33, just north of the Street estimate. With IPXL using up its... More