February 06, 2013 at 12:52 PM EST
UPDATE: Jefferies Raises PT on Allergan on Q4 EPS
In a report published Wednesday, Jefferies reiterated its Hold rating on Allergan (NYSE: AGN ), and raised its price target from $95.00 to $100.00. Jefferies noted, “AGN did what it does best: beat EPS and gave strong guidance. Q4 adj-EPS of $1.15 ‘missed', but adjusting for the expected R&D tax
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