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Valeant Pharma (VRX) Reverses Higher

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Risk Of Debt Restructuring at Valeant (VRX) is Increasing; PT Range to $10-$13 - Wells Fargo's Maris

November 15, 2016 7:41 AM EST

Wells Fargo analyst David Maris said the risk of restructuring at Valeant Pharmaceuticals (NYSE: VRX) is increasing following disappointing results and outlook.

The firm is lowering 2016 adjusted EPS estimate from $6.64 to $5.76 and 2017 adjusted EPS estimate from $7.56 to $5.41 and their valuation range from... More