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Bullish Case: Perrigo's 'Project Energize' aims at significant savings by 2026. PRGO shows recent price stability and modest gain, with potential tailwinds from industry consolidation.


Bearish Case: Long-term downtrend, recent staff cuts, and sector layoffs persist. High debt and historical price depreciation overshadow short-term bullish moves.


Potential Outcomes: High (70%): Sideways movement with mean-reverting tendency. Medium (25%): Modest rise if M&A activity provides catalyst. Low (5%): Sudden decline on negative outcomes.


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March 28, 2024


Perrigo Forecast

PRGO        Perrigo
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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