Canaccord Genuity Maintains Buy on Perrigo, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Susan Anderson maintains a Buy rating on Perrigo (NYSE:PRGO) and keeps the price target at $42.

April 12, 2024 | 3:50 pm
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POSITIVE IMPACT
Canaccord Genuity reaffirms a Buy rating on Perrigo with a $42 price target, indicating a positive outlook on the stock.
The reaffirmation of a Buy rating and a specific price target by a reputable analyst like Susan Anderson from Canaccord Genuity typically signals a strong vote of confidence in the company's future performance. This endorsement is likely to influence investor sentiment positively in the short term, potentially leading to an uptick in the stock price as market participants react to the analyst's positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100