Perrigo price target raised to $43 from $42 at Raymond James

Raymond James analyst Elliot Wilbur raised the firm’s price target on Perrigo to $43 from $42 and keeps an Outperform rating on the shares. The analyst remains constructive on Perrigo following the Q4 results. The firm believes the company’s margins have bottomed and that Perrigo "has embarked on a journey to improved profitability and more consistent quarterly performance."