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Fly News Breaks for November 12, 2019
ALXN
Nov 12, 2019 | 07:11 EDT
SunTrust analyst Robyn Karnauskas initiated coverage of Alexion with a Buy rating and $125 price target. The analyst says she sees upside for the stock in 2020 as patent uncertainty dissipates, noting that while her model assumes aggressive impact from biosimilars, competition,and price erosion, she believes that the stock reflects "even worse declines".
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