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Mylan's Stock Is No Longer A Buy According To Analysts At Argus

09:58 EDT 22 Aug 2017 | Topix

Analysts at Argus no longer hold a bullish view on Mylan N.V. after the company cut its full-year guidance and cautioned that its earnings per share will decline in 2017. The firm's Jasper Hellweg downgraded Mylan's stock rating from Buy to Hold as the stock is fairly valued at its current price of near $30 per share.

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