Mylan Rests At Neutral
Posted on March 18, 2011 at 17:35 PM EDT
We have maintained our Neutral recommendation on Mylan Inc. (NYSE:MYL) with a target price of $23.00 after appraising fourth quarter and fiscal year 2010 financial results. Mylan’s fourth quarter 2010 earnings (excluding special items) of 45 cents per share were at par with the Zacks Consensus Estimate. Higher operating expenses offset the increase in revenue [...]
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