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Echelon Wealth Partners Sticks to Their Buy Rating for Valeo Pharma (VPHIF)
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Echelon Wealth Partners Sticks to Their Buy Rating for Valeo Pharma (VPHIF)

Echelon Wealth Partners analyst Stefan Quenneville reiterated a Buy rating on Valeo Pharma (VPHIFResearch Report) today and set a price target of C$1.00. The company’s shares closed last Tuesday at $0.26.

According to TipRanks, Quenneville is an analyst with an average return of -11.5% and a 30.53% success rate. Quenneville covers the Healthcare sector, focusing on stocks such as Valeo Pharma, Cognetivity Neurosciences, and Nanalysis Scientific.

Currently, the analyst consensus on Valeo Pharma is a Moderate Buy with an average price target of $0.73.

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VPHIF market cap is currently $25.7M and has a P/E ratio of -1.37.

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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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