Actavis Plc (ACT) Tops Q3 EPS by 9c

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Actavis (ACT) Price Target Raised to $280 at Goldman Sachs

November 6, 2014 9:55 AM EST

Goldman Sachs maintained a Conviction Buy rating on Actavis (NYSE: ACT) and raised its price target to $280.00 (from $275.00). Analyst Jami Rubin noted organic growth and M&A optionality.

"We believe managements comments on the earnings call signaled interest in continued M&A activity. CEO Brent... More