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Fly News Breaks for March 21, 2017
ESPR
Mar 21, 2017 | 05:56 EDT
JPMorgan analyst Jessica Fye raised her price target for Esperion Therapeutics to $50 citing the company's "positive" regulatory update on bempedoic acid. The analyst pulled forward her U.S. launch assumption to 2020 from 2023 and increased her probability of success in the U.S. to 75%. Fye keeps a Neutral rating on the shares, however, citing fewer catalysts to drive upside in 2017.
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