Smarter Analyst

Teva Pharmaceutical Industries Limited (TEVA) Restructuring Has This Sidelined Analyst Feeling More Positive

New CEO Kare Schultz is steering Teva Pharmaceutical Industries Limited (NYSE:TEVA) back into the good graces of investors, as the recovering Israeli pharma giant has stirred up shares on a just under 7% rise today. Cantor Louise Chen may be staying on the sidelines, but he acknowledges restructuring changes could be exactly what this biotech player needs to loosen its debt shackles.

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