Akorn Shares Rally Following Increased Price Target

Shares of Akorn, Inc. AKRX were up nearly 10 percent today around the 36.50 mark following the release of a Needham note in which the price target for the company was raised from $30 to $40. The note cited a "game changing" effect if Akorn matches Taro Pharmaceutical Industries' TARO recent price increases in topical generics.
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Posted In: Analyst ColorNewsPrice TargetAnalyst RatingsNeedham
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