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Fly News Breaks for April 20, 2015
CEMP
Apr 20, 2015 | 08:40 EDT
SunTrust increased its price target on Cempra after altering its revenue model from a joint venture revenue split for the company's solithromycin drug to a sole U.S. commercialization effort by the company. The firm thinks it is quite possible for Cempra to market solithromycin on a stand alone basis in the U.S. It keeps a Buy rating on the shares.
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