Teva (TEVA) Pharmaceuticals “announced that Moody’s Investor Services has raised the company’s corporate credit rating to Ba1, outlook stable; from Ba2, outlook positive. Moody’s report cites the Company’s strengths which include significant global scale, ongoing growth in the company’s branded franchises, stabilization of the company’s generics business, focus on debt reduction and resolution of various legal liabilities.”
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Read More on TEVA:
- Teva upgraded to Overweight from Neutral at JPMorgan
- Positive Outlook for Teva Pharmaceutical: Cost-Cutting Initiatives and Growth Potential Drive Buy Rating
- Teva price target raised to $22 from $20 at BofA
- Teva Pharmaceuticals: Positioned for Growth with Strategic Cost-Saving Initiatives and New Product Cycle
- Teva Reports Strong Q1 2025 Growth with Innovative Medicines
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