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Amneal Pharmaceuticals price target raised to $13 from $11 at Piper Sandler

Piper Sandler raised the firm’s price target on Amneal Pharmaceuticals (AMRX) to $13 from $11 and keeps an Overweight rating on the shares. The firm notes Amneal reported Q3 adjusted diluted EPS of 17c on revenue of $784.5M, compared to Street estimates of 14c and $773.9M, respectively.

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