Zacks Investment Research downgraded shares of HI TECH PHARMA (HITK) from NEUTRAL to UNDERPERFORM on September 06, 2012, with a target price of $31.10.
Hi-Tech is a specialty pharmaceutical company developing, manufacturing and marketing branded and generic products. The Company specializes in difficult to manufacture liquid and semi-solid dosage forms and produces a range of sterile ophthalmic, otic and inhalation products. The Company's Health Care Products Division is a leading developer and marketer of branded prescription and OTC products for the diabetes marketplace.
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