H.C. Wainwright Reiterates Their Hold Rating on Valeant Pharma


In a report released today, Ram Selvaraju from H.C. Wainwright reiterated a Hold rating on Valeant Pharma (NYSE: VRX), with a price target of $20. The company’s shares closed yesterday at $23.56.

According to TipRanks.com, Selvaraju is a 3-star analyst with an average return of 2.4% and a 39.4% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as IntelliPharmaCeutics International, Biospecifics Technologies Corp, and EyePoint Pharmaceuticals Inc.

Valeant Pharma has an analyst consensus of Hold, with a price target consensus of $21.55.

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The company has a one-year high of $27.79 and a one-year low of $10.94. Currently, Valeant Pharma has an average volume of 8.2M.

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Valeant Pharmaceuticals International, Inc. engages in the development, manufacture, and market of a range of branded, generic and branded generic pharmaceuticals, medical devices and over-the-counter products. It operates through the following segments: The Bausch + Lomb/International, Branded Rx, and U.S. Diversified Products.

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