RE:RE:How recent is Scotia report?A word of caution on analyst reports. 48% of analysts on still had a BUY rating on Valeant on the morning that it saw 50% of its equity evaporate. The market will not be forgiving if CXR misses or if expenses relating to the acquisition are over which it guided.
I'm sure that the investors who bought into Valeant over the last few months are not so thankful for all the downgrades that are coming in now. I don't like to see investors lose money, but its kinda funny trying to see those same analysts trying to determine Valeant's true value when the equity continues its downward trajectory before the ink is even dry on their reports.
Qh1234 wrote: CCK wrote: happyretirement, what is the date of that Scotia report? I'm curious how recent the report is and how recent their visit with management was. Thanks.
Scotia's most recent update was done in 9 Feb 2016. :(