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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

Healthcare Biotechnology

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > RBC $58US from $64US
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Post by fdfd12 on Apr 22, 2016 5:25am

RBC $58US from $64US

WHy would RBC drop their target last night?
Comment by puma1 on Apr 22, 2016 7:14am
I'll check their site later but they usually release comments on a Q result in advance of the announcement. They are probably discounting for FX or maybe Brexit?
Comment by puma1 on Apr 22, 2016 7:40am
they reduced their revenue numbers from the US for Q1 and Q2 based on scripts run data in the US. decline is in donatal numbers but a lot of offset from other US drug lines; in the end though a drop in revenue and ebitda - only US$2 cents though for the year.
Comment by DeltaVega on Apr 22, 2016 7:41am
Ill take 58USD today. GLTA!!!
Concordia Healthcare Corp.
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