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Fly News Breaks for September 14, 2015
AMAG
Sep 14, 2015 | 09:34 EDT
Guggenheim analyst William Tanner named AMAG Pharmaceuticals a Best Idea following Friday's 8% stock decline on concerns about potential Makena generic competition. Tanner believes Makena will retain exclusivity until February 2018 and has adequate time to acquire assets to avoid a cliff or avoid it all together with LCE success. The firm rates shares a Buy with a $89 price target.
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