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Fly News Breaks for February 18, 2020
CCXI
Feb 18, 2020 | 08:55 EDT
JPMorgan analyst Anupam Rama raised his price target for ChemoCentryx to $60 from $28 to reflect the positive ADVOCATE results of avacopan in ANCA-associated vasculitis. THe top-line results for ADVOCATE are viewed as treatment paradigm shifting and broad adoption is anticipated, Rama tells investors in a research note. He keeps an Overweight rating on shares of ChemoCentryx.
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