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Fly News Breaks for December 31, 2015
CELG
Dec 31, 2015 | 07:22 EDT
Cantor says that Celgene's stock should do better in 2016 than in 2015. The firm says that the company's risk has been significantly reduced after its patent issue was resolved favorably. It's upbeat on the company's fundamentals and pipeline, and recommends that investors increase their exposure to the name for 2016. Cantor keeps a $163 price target and Buy rating on the shares.
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