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Fly News Breaks for July 20, 2015
CEMP
Jul 20, 2015 | 08:00 EDT
Roth Capital analyst Debjit Chattopadhyay raised his price target for Cempra shares to $56 saying the company has "compelling" market opportunity in COPD. The anti-inflammatory property of macrolides make them an ideal add-on therapy in COPD, the analyst tells investors in a research note. His new price target assumes a 65% probability of success in COPD. Chattopadhyay keeps a Buy rating on Cempra.
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