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VRX Will Reach $15 In a Month

Valeant surprised analysts and traders with their earnings this morning: as a result the stock is surging 17% today. Valeant has a well-distributed debt over the next several years. Revenue is down a bit, but their operating income and net income skyrocketed, margins are going up and management raises full year EBITDA guidance:

Therefore, VRX is poised to grow over the next several months or even quarters.

Do you think that the stock will reach $15 in a month from now? Agree or Disagree?

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4 people

VRX Will Reach $15 In a Month

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