Concordia Healthcare Corp. T.CXR.R

RE:RE:Laurentian: Concordia "Signalling Needs Additional Capital"

[Craigbad]

I said last night we'd likely see some targets reduced to the $1-3 level. I guess I wasn't too far off! Its a slippery slope for analysts given the leverage. They actually went to a "reduce" recommendation.

LaticelnExile wrote: My apologies, my previous post had Lautrentian's September letter. Here is the one from today after the news:

https://www.cantechletter.com/2016/10/laurentian-cuts-price-target-concordia-international/

LaticelnExile wrote:https://www.cantechletter.com/2016/09/laurentian-bank-securities-cuts-price-target-concordia-healthcare/

PT cut to $3.50