UPDATE: Stifel Downgrades Santarus Following SLXP Acquisition
December 17, 2013 at 08:37 AM EST
In a report published Tuesday, Stifel analyst Annabel Samimy downgraded the rating on Santarus (NASDAQ: SNTS ) from Buy to Hold, and removed the $27.00 price target. In the report, Stifel noted, “Following the acquisition announcement by Salix at $32/share, we are downgrading SNTS to Hold. This represented a 39%