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Fly News Breaks for February 22, 2016
CMRX
Feb 22, 2016 | 07:51 EDT
Citi analyst Yigal Nochomovitz downgraded Chimerix to Neutral saying this weekend's data disproved his thesis that brincidofovir can offer a differentiated profile versus Valcyte in kidney transplant. The analyst cut his price target for the shares to $9 from $13 after removing kidney transplant revenues from his model.
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