By: Benzinga
UPDATE: Bank of America Reiterates Buy Rating, Lowers PT on Vivus on Failed Qsiva Appeal
In a report published Friday, Bank of America reiterated its Buy rating on Vivus (NASDAQ: VVUS ), but lowered its price target from $30.00 to $26.00. Bank of America noted, “VVUS has announced that the EU regulatory agency (CHMP) confirmed its October 2012 decision to decline approval for the company's
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