- JPMorgan downgrades Teva (TEVA -1.4%) to Neutral from Overweight.
- A dramatic, near-term recovery for the drugmaker isn't likely, analyst Chris Schott suggests, and while the company could see "greater-than-anticipated EPS upside from cost-restructuring initiatives, near-term upside in either earnings or multiple," isn't likely.
- Price target cut to $43 from $45.
Teva catches a downgrade from JPMorgan
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About TEVA Stock
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Symbol | Last Price | % Chg |
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TEVA | - | - |
Teva Pharmaceutical Industries Limited |