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Fly News Breaks for November 19, 2018
ARNA
Nov 19, 2018 | 08:26 EDT
Credit Suisse analyst Martin Auster raised his price target for Arena Pharmaceuticals to $61 from $56 after he incorporated the upfront portion of the ralinepag licensing deal, and adjusted ralinepag's projections to account for potential royalties and R&D expenses associated with the program. The analyst reiterates an Outperform rating on the shares.
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