Medicis Pharmaceutical Corp. Enters Oversold Territory

Medicis Pharmaceutical Corp.’s (:MRX) share price has entered into oversold territory with a stochastic value of 7.666. The Zacks Consensus Estimate on the company’s earnings for year ending December 2012 increased by 2 cents over the past month to $2.77 per share. Medicis Pharmaceutical Corp. is a Zacks #2 Rank (“Buy”) company.

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