Pershing Square Holdings, Ltd. Increases Position In Valeant Pharmaceuticals International

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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

Pershing Square Capital Affirms Lifting Valeant Pharma (VRX) Stake to 9.9%

November 23, 2015 5:28 PM EST

Pershing Square Capital Management, L.P., the investment manager for Pershing Square Holdings, Ltd. has updated its Schedule 13D with the United States Securities and Exchange Commission, disclosing that various funds it manages increased their beneficial ownership of Valeant Pharmaceuticals International, Inc. (NYSE: VRX), to 9.9% of shares outstanding.

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