Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is up 6% in pre-market trading today after the embattled pharmaceutical company reported that its loan holders agreed to loosen the terms of its debt. Now, the company will have until May 31 to file a 10-K and until July 31 to file its 10-Q. Some say that this is one step in the right direction for Valeant, as the company struggles to rebuild its reputation following a year of fraud allegations and leadership difficulties. So far, no further problems have been found in an investigation surrounding Valeant and its previous relationship with specialty pharmacy Philidor. Furthermore, Michael Pearson, the company’s CEO, has announced he is leaving; welcomed news for many investors. According to TipRanks, 7 analysts are bullish on Valeant, 4 are bearish, and 10 remain neutral. The average 12-month price target between these 21 analysts is $50.21, marking a 50% potential upside from where shares last closed.

Twitter Inc (NYSE:TWTR) is down 2.6% in pre-market trading to $16.81 after Morgan Stanley analyst Brian Nowak reiterated an Underweight rating on the flailing social media company and cut his price target from $18 to $16 while slashing estimates. Like many analysts covering the stock, Nowak remains concerned with Twitter’s decelerating user growth rates, slashing his estimate of 5.2 million new users in 2016 down to 2.6 million. Likewise, the analyst slashed his 2017 growth estimates from 3.4 million new users to 0.3 million. While Twitter struggles to gain and retain users, analysts inevitably compare the struggling company to Facebook, which enjoys increasing user growth and revenue levels. According to TipRanks, Brian Nowak has a 64% success rate recommending stocks with a 6.3% one-year average return per rating.

Wynn Resorts, Limited (NASDAQ:WYNN) is up more than 6% in pre-market trading as the hotel and casino company reported it will be expanding. In yesterday evening’s announcement, the company discussed a new concept for a Las Vegas resort set on a recreational lake. Although the concept is pending approval from the BOD, the space will include a 38-acre lagoon with water attractions, 1,000 hotel rooms, a convention hall, a casino, and nightlife options. The concept is tentatively called Wynn Paradise Park. This announcement follows the company’s preliminary first quarter results, in which the company forecasts net revenues between $603 million and $613 million, down from $705.4 million reported in the same quarter of last year. Carlo Santeralli of Deutsche Bank reiterated a Buy rating on the stock with a $94 price target. According to TipRanks, 5 analysts recommend buying Wynn while 6 remain neutral.

DragonWave, Inc. (USA) (NASDAQ:DRWI) fell nearly 12% in pre-market trading down to $7.75 after the company announced a $4.35 million registered direct offering. The packet microwave solutions provider will sell 600K common shares and use the funds raised to finance general corporate expenses. Rodman & Renshaw will act as the agent for the deal. CEO Peter Allen commented, “The offering will strengthen DragonWave as we bring our best in class radio portfolio to operators in selected global markets.”