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Fly News Breaks for August 2, 2018
AMAG
Aug 2, 2018 | 14:56 EDT
Piper Jaffray analyst Christopher Raymond said Amag Pharmaceuticals reported strong results for both Makena and Feraheme along with an "impressive" EBITDA beat in Q2, but he remains comfortable on the sidelines given that multiple Makena generic entrants are expected in the second half of this year. Raymond raised his price target on Amag shares to $22 from $20 but keeps a Neutral rating on the stock.
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