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Fly News Breaks for April 29, 2016
ALXN
Apr 29, 2016 | 09:10 EDT
As noted earlier, BMO Capital upgraded Alexion to Outperform from Market Perform. The firm thinks the decline in the stock has created "an ideal entry point." It expects Soliris to be a $1.5B opportunity for the company, and predicts that Alexion will be able to "maintain the vast majority of its PNH and aHUS revenue stream," despite increased competition. Target to $168 from $165.
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