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QLT Inc. could become takeover target, says RBC Capital

RBC Capital believes that QLT (QLTI) could be acquired by a U.S. company in a deal similar to the Endo (ENDP)-Paladain (PLD) deal. The firm expects QLT's board to provide preliminary details about opportunities to Increase shareholder value over the next 3-6 months. It keeps a $6 price target and Outperform rating on the shares.