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Fly News Breaks for May 4, 2015
CYTR
May 4, 2015 | 08:30 EDT
FBR Capital believes the post-earnings weakness Friday in shares of CytRx was mostly retail driven. FBR continues to anticipate aldoxorubicin's launch in 2017 and views the pullback as creating an attractive entry point. The firm keeps an Overweight rating on CytRx with an $8 price target.
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