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Endo (ENDP) Stock Climbs as Mizuho Upgrades to 'Buy'

NEW YORK (TheStreet) -- Shares of Endo (ENDP) were up in mid-afternoon trading on Friday after Mizuho upgraded shares to "buy" from "neutral" following the company's 2016 second-quarter financial results, released on Monday.

The firm hiked its price target to $29 from $16 on shares of the Dublin-based healthcare company, citing lower risk, higher generic visibility and the potential for multiple expansion, Barron's reports.

Endo continues to invest in Xiaflex, which could boost the product's attractiveness to a buyer, Mizuho pointed out...