MYX 2.56% $3.81 mayne pharma group limited

Bell Potter downgrades target to $1.63, page-5

  1. 6,633 Posts.
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    "Specifically, we now see price deflation as eroding sales of the Teva products by 5% annually to fiscal 2021, versus our prior assumption that pricing would rebound past this year. As a result, we lower our fair value estimate to AUD 1.70 per share, from AUD 2.00 previously, but we still view the shares as undervalued at current levels."

    http://news.morningstar.com/articlenet/article.aspx?id=813068
 
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