Goldman Sachs downgraded its rating on shares of Perrigo (PRGO: Quote) Friday to “Sell” from “Neutral.”
Perrigo gapped open sharply lower Friday and declined until around the middle of the afternoon. The stock finished down by 6.38 at $103.85 on above average volume. Perrigo sank to a week and a half low and dropped below its 50-day moving average.
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by RTT Staff Writer
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