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Fly News Breaks for May 12, 2016
ALXN
May 12, 2016 | 07:39 EDT
Leerink analyst Geoffrey Porges raised his price target for Alexion to $210 from $200 based on his increased conviction about the looming pivotal trial readout, and associated revenue potential, for its Soliris in Myasthenia Gravis. The analyst has increased his probability-of-success from 65% to 75%. Porges reiterates an Outperform rating on the shares.
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