Mizuho Wonders if Teva Can Avoid Downgrade to High Yield After Rocky 3Q Print

Can Teva Pharmaceutical (NYSE:TEVA) recover after such a third quarter earnings fall? Mizuho analyst Irina Rivkind Koffler is left asking questions of whether the company will face a downgrade to high yield or whether it can find the “transformative deal” needed for a core generics comeback. Next year looks possible for recovery, but what of Teva’s long-term revival?

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