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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by TOMMY1on Jul 22, 2016 11:07am
147 Views
Post# 25075796

What's the reason for the drop today?

What's the reason for the drop today?Is it due to Goldman Sachs lowering their target to CA$34? If so, that's crazy given the fact that RBC Capital Markets slapped on an outperform rating and a target price of CA$51 just 10 days ago and we didn't see a spike in buying. I guess investors have lost faith in this stock but not the analysts (only when the analyst is negative and lowers the target price it seems). I am holding on for now - good Q2 results are what is needed here to restore faith.

Was there any other news today that I'm missing? 
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