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Fly News Breaks for February 28, 2020
AIMT
Feb 28, 2020 | 07:15 EDT
H.C. Wainwright analyst Andrew Fein lowered the firm's price target on Aimmune to $30 from $33 and reiterates a Neutral rating on the shares. Management on the earnings call highlighted the initial launch of Palforzia, which the analyst continues to "interpret with trepidation" heading into the launch as the company transitions to a commercial organization. Nothing has materially happened yet and the program "remains a show me story," Fein tells investors in a research note.
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