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Fly News Breaks for May 5, 2017
ALDR
May 5, 2017 | 06:19 EDT
UBS analyst Ami Fadia started Alder Biopharmaceuticals with a Sell rating and $13 price target. The stock already reflects an expectation for positive Phase 3 data for eptinezumab, Fadia tells investors in a research note. The analyst believes consensus expectations of $1B in 2025 sales is too high.
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