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Fly News Breaks for April 3, 2017
ACOR
Apr 3, 2017 | 08:32 EDT
JPMorgan analyst Cory Kasimov downgraded Acorda Therapeutics to Neutral saying Friday's announcement that a district judge invalidated four Ampyra patents is a "disappointing end" to a positive string of events. The analyst now views the remainder of 2017 as an execution year and cut his price target for the shares to $24 from $32.
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