How Much is Actavis Worth? A Lot More Than It is Now
May 22, 2015 at 12:03 PM EDT
JPmorgan’s Chris Schott and team think there is “compelling valuation upside” in Actavis’ (ACT) shares, especially following Teva Pharmaceutical’s (TEVA) big for Mylan (MYL). They explain why: Actavis Overall, Actavis remains our top pick, driven by a combination of strong organic growth (high single digit top-line/double digit EPS), a range of upside drivers to estimates (including [...]