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VALEANT PHARMACEUTICALS INTL INC T.VRX

"Valeant Pharmaceuticals is a global specialty pharmaceutical firm with a focus on branded products for the dermatology, gastrointestinal, and ophthalmology markets. The firm also has a branded generics business that operates primarily in Latin America, Eastern Europe, and Asia."


TSX:VRX - Post by User

Post by MNK3240on Aug 09, 2017 9:52am
123 Views
Post# 26560223

Re: Analysts target price and market behaviour

Re: Analysts target price and market behaviourIt's kind of interesting to watch that recently the analysts increase the target price for stocks and the price go down so much that they have to hide. CP rail target price increased to $229 based on earnings report, now it's at $193 (reduced from $210 at the time) and seems heading towards $150. VRX target price increased to various levels by various analysts based on recent reports and it's now heading to $15. It's not all analysts fault, nowadays, the news spreads like hell, so no prediction works. Every small news changes everything in a split second. I guess the approach for price target and predictions need to be changed as well as the bullish and bearish predictions! 
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