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Fly News Breaks for December 17, 2015
VRX
Dec 17, 2015 | 08:00 EDT
UBS attended the Valeant analyst day and believes management did a good job providing details for its 2016 guidance and was more optimistic than expected. The firm noted the very high level look at the company's pipeline and believes the stock should rebound as management continues to execute. UBS reiterated its Buy rating and $232 price target on Valeant shares.
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