Drugmaker Valeant raises profit forecast; shares spike

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RBC Capital Comments on Valeant (VRX) Earnings

May 9, 2017 10:29 AM EDT

RBC Capital maintains Sector Perform Valeant Pharmaceuticals (NYSE: VRX).

Analyst Douglas Miehm comments to clients that his team requires more details relating to Branded Rx revenues even though most investors seem to "find comfort in the Adj. EBITDA guidance increase." He closes... More