Goldman Sachs Expected to Outperform Peers and 3 Stock Analyses Buzzing Now
Forest Laboratories Inc. (NYSE:FRX): Current price $37.07
Susquehanna believes Forest Laboratories Inc.’s investors are hoping for a major restructuring or takeout, however, the firm does not view either scenario as likely. Susquehanna lowered their estimates and cited management guidance, lower revenues, and significant spending on new product launches. The firm maintains their Negative rating and $29 price target.