Jana reveals stake in Teva Pharma

|About: Teva Pharmaceutical Indu... (TEVA)|By:, SA News Editor

A believer in Teva Pharmaceutical's (NYSE:TEVA) turnaround plan, Jana Partners has built a stake in the company, believing the stock to be worth $30 (50% upside), according to an investor letter.

Down earlier following a trial failure, Teva is ahead 1% in mid-morning action.

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