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Wednesday, January 30, 2019

Allergan price target lowered to $200 from $213 at Mizuho

Mizuho analyst Irina Koffler lowered her price target for Allergan to $200 citing the company’s “disappointing” 2019 guidance. The analyst, however, says her thesis remains unchanged and she keeps a Buy rating the stock. Koffler still sees Allergan shares as attractively valued and she believes company has a number of catalysts to help it recover throughout the year.

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