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Fly News Breaks for September 13, 2016
ALDR
Sep 13, 2016 | 05:32 EDT
JPMorgan analyst Jessica Fye started Alder Biopharmaceuticals with an Overweight rating and $40 price target. The analyst sees a "high probability of success" for ALD403, the company's treatment for the prevention of migraine in frequent episodic migraine and chronic migraine patients. She believes peak sales of the drug could be north of $1B.
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