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Fly News Breaks for February 21, 2017
AGIO
Feb 21, 2017 | 08:47 EDT
Leerink analyst Michael Schmidt raised his price target for Agios Pharmaceuticals to $50 from $45 after the company reported Q4 financial results and provided a pipeline update. The analyst reiterates a Market Perform rating on the shares saying that Agios Pharmaceuticals' IDH inhibitors look well positioned in acute myeloid leukemia but this is already reflected in the current valuation, while the potential in solid tumors is less clear.
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