out of favourAccording to Canaccord out of favour technically.
Uncertainty with interest rate policy, under the spotlight as far as pricing, cost cutting coming to US healthcare sector & reduced re-imbursements for medicare; so the model that VRX, GILD etc. built their fortunes on has changed. Explosive growth done & buried.
No longer the only choice out there. Price target $125. ; so forget present valuation models as they are out of touch with reality.
carlos