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Barron's: Allergan And Pfizer Still Buys Even After Deal Fell Through

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In the past two trading sessions, shares of Allergan plc Ordinary Shares AGN 3.32% and Pfizer Inc. PFE 5.07% are headed in opposite directions.

The market clearly sees the decision to call off the Pfizer/Allergan merger as good news for Pfizer and bad news for Allergan. However, Barrons’ Johanna Bennett believes both stocks are now excellent buys.

“Both have...