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Fly News Breaks for March 11, 2016
CRME
Mar 11, 2016 | 07:39 EDT
Canaccord lowered its price target on Cardiome to $10 from $16 following Q4 results. The firm cited its weak results, lowered guidance for the peak potential for Brinavess in Europe, and significant hurdles that remain for the U.S approval for Brinavess. Canaccord maintained its Buy rating on Cardiome shares.
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