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Echelon Wealth Partners Remains a Buy on Valeo Pharma (VPHIF)

In a report released today, Stefan Quenneville from Echelon Wealth Partners reiterated a Buy rating on Valeo Pharma (VPHIFResearch Report), with a price target of C$1.00. The company’s shares closed yesterday at $0.43.

According to TipRanks, Quenneville is an analyst with an average return of -9.8% and a 32.93% success rate. Quenneville covers the Healthcare sector, focusing on stocks such as Valeo Pharma, Antibe Therapeutics, and Cognetivity Neurosciences.

Valeo Pharma has an analyst consensus of Moderate Buy, with a price target consensus of $0.73.

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The company has a one-year high of $0.67 and a one-year low of $0.15. Currently, Valeo Pharma has an average volume of 2,988.

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Valeo Pharma Inc a Canadian specialty pharmaceutical company focused on acquiring either through acquisitions, in-licensing or similar arrangements. Its current markets its product Synacthen Depot which is a synthetic ACTH product that is used in conditions where the production of natural cortisol and other hormones is desired.

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