Left for Dead Valeant Pharma (VRX) Is Up 30% In a Week

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Buy Valeant Pharmaceuticals (VRX) Ahead of Investor Day Catalyst - Guggenheim

November 24, 2015 8:02 AM EST

Guggenheim analyst Louise Chen reiterated a Buy rating and $195 on Valeant Pharmaceuticals (NYSE: VRX) saying the stock has bottomed and multiple expansion will drive shares higher. Chen recommends buying ahead of the December 16, 2015 investor day catalyst.

"Concerns regarding high-priced drugs and specialty pharmacies have weighed on VRX shares since mid-September,... More

Philidor has dropped its litigation against R&O (VRX) - Evercore ISI's Raffat

November 23, 2015 10:33 AM EST

Philidor has dropped its litigation against R&O, letting Valeant Pharma (NYSE: VRX) continue with similar litigation - Evercore ISI's Umer Raffat said.

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Valeant Pharma (VRX) Products are Selling Ex-Philidor - Evercore ISI's Raffat

November 20, 2015 3:29 PM EST

Evercore ISI analyst Umer Raffat notes the uptick in Valeant Pharma (NYSE: VRX) IMS script data could be coming as products are being rolled over from Philidor (which is not tracked by IMS) to more traditional specialty pharmacies (which are tracked by... More

Valeant Pharma (VRX) Adds to Strong Gains; Sets Sights on $90

November 20, 2015 1:10 PM EST

Short seller target Valeant Pharma (NYSE: VRX) is seeing notably strength again today on the back of yesterday's 16% move up. Shares last traded up 5.6% to $88.73.

Yesterday, Citi endorsed the credit with an Overweight rating and today Mizuho reiterated it as a top pick, saying "the stock appears to have bottomed."

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Valeant Pharmaceuticals (VRX) Reiterated Top Pick at Mizuho Securities; PT to $111

November 20, 2015 6:36 AM EST

Mizuho Securities analyst Irina Koffler reiterated Valeant Pharmaceuticals (NYSE: VRX) as their Top Pick while maintaining an Outperform rating and lowering thier price target to $111.00 (from $155.00).

The analyst highlighted:

The stock appears to have bottomed, in our view: We are by no means ignoring the risks tied to this stock. We worry about expansion of existing investigations, congressional probes of Philidor, and potential changes to senior management. All that said, we believe that the risk/reward in VRX is still favorable given business fundamentals. We are primarily... More

Valeant Pharma (VRX) Surges as Co's Debt Gets Endorsed

November 19, 2015 10:05 AM EST

Beaten down Valeant Pharma (NYSE: VRX) is up 9% early to $79, benefiting from today's Overweight rating on the company's debt at Citi.

The firm cited product diversification and strong FCF generation.

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Citi Credit Research Sees Opportunity in Valeant (VRX), Initiates With Overweight Rating (MNK) (ENDP)

November 19, 2015 9:28 AM EST

Citi Credit Research initiated coverage on Valeant Pharma (NYSE: VRX) with an Overweight rating. Analysts noted its global footprint, product diversification and strong FCF generation. Peers Mallinckrodt (NYSE: MNK) and Endo (NASDAQ: ENDP) were... More