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This slump shouldn't be too much of a surprise to investors, as the company in the Medical-Drugs industry has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
PCYC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the same space include Grifols, S.A. GRFS, ImmunoGen Inc. IMGN and Questcor Pharmaceuticals, Inc. QCOR. All these stocks carry a Zacks Rank #1 (Strong Buy).
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GRIFOLS SA-ADR GRFS: Free Stock Analysis Report
IMMUNOGEN INC IMGN: Free Stock Analysis Report
PHARMACYCLICS PCYC: Free Stock Analysis Report
QUESTCOR PHARMA QCOR: Free Stock Analysis Report
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