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Fly News Breaks for November 20, 2017
NVS, AAAP
Nov 20, 2017 | 06:20 EDT
JPMorgan analyst Jessica Fye downgraded Advanced Accelerator Applications (AAAP) to Neutral citing the proposed Novartis (NVS) tender offer. The analyst says the stock is already reflecting a very high likelihood of the deal closing. She raised her price target for the shares to $82 from $53.
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