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Fly News Breaks for September 16, 2019
ALDR
Sep 16, 2019 | 16:40 EDT
Morgan Stanley analyst Jeffrey Hung upgraded Alder Biopharmaceuticals to Equal Weight from Underweight and raised his price target on shares to $18, citing the company's pending takeover by Lundbeck for $18 per share, or $1.95B, which is expected to close in Q4.
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