CRT Capital Cuts Valeant Pharma (VRX) to Fairly Valued

May 3, 2012 2:08 PM EDT
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Price: $87.09 +0.08%

Rating Summary:
    15 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

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    Up: 1 | Down: 0 | New: 0
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CRT Capital's Timothy Chiang downgraded shares of Valeant Pharmaceuticals (NYSE: VRX) from Buy to Fairly Valued Thursday afternoon.

The downgrade follows Q1 results from the company and news it will acquire AcneFree and certain assets from University Medical. Shares are down more than 9 percent at last check.

For an analyst ratings summary and ratings history on Valeant Pharmaceuticals click here. For more ratings news on Valeant Pharmaceuticals click here.

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