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Fly News Breaks for September 5, 2018
PFE, EXAS
Sep 5, 2018 | 09:00 EDT
Cowen analyst Doug Schenkel raised his price target on Exact Sciences (EXAS) to $100 from $65 following the recent co-promotion agreement with Pfizer (PFE). The analyst believes his revised 2020 revenue forecast still has an upside bias as the deal may have effectively doubled its commercial reach. Schenkel reiterated his Outperform rating on Exact Sciences shares.
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