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Fly News Breaks for April 29, 2015
BLUE
Apr 29, 2015 | 06:49 EDT
Piper Jaffray analyst Joshua Schimmer raised his price target for bluebird bio shares to $186 from $119 after taking a "comprehensive look" at LentiGlobin for sickle cell anemia. Schimmer expects LentiGlobin to show "exceptionally strong" results in this setting. He expects bluebird's LentiGlobin to emerge as a curative therapy for most sickle cell anemia patients this year. The analyst keeps an Overweight rating on the stock. Shares of bluebird bio closed yesterday up 66c to $132.78.
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