Goldman Sachs Resumes Coverage on Valeant Pharmaceuticals (VRX) at Neutral

May 10, 2011 10:27 AM EDT
Get Alerts VRX Hot Sheet
Price: $23.40 --0%

Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs reinstates coverage on Valeant Pharmaceuticals (NYSE: VRX) with a Neutral rating and $50 price target following Q1 results and the recent withdrawal of its consent solicitation to acquire Cephalon (Nasdaq: CEPH).

The firm raised 2011/2012/2013E EPS to $2.80/$3.40/$3.88 from $2.60/$3.30/$3.73.

For more ratings news on Valeant Pharmaceuticals click here and for the rating history of Valeant Pharmaceuticals click here.

Shares of Valeant Pharmaceuticals closed at $51.88 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage