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Fly News Breaks for January 8, 2018
ALQA
Jan 8, 2018 | 07:04 EDT
H.C. Wainwright analyst Swayampakula Ramakanth downgraded Alliqua BioMedical to Neutral and cut his price target for the shares to $2.80 from $4.50. Following the sale of its biologic wound care and UltraMist Therapy System businesses, the analyst expect Alliqua to cease all product sales and related commercial activities and operate as a "lean operation" going forward.
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