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Fly News Breaks for February 28, 2017
EXEL
Feb 28, 2017 | 08:41 EDT
Leerink analyst Michael Schmidt raised his price target for Exelixis to $26 from $20 after the company reported "another strong quarter" driven by strong product sales growth, which was in-line with expectations, and milestone payments above expectations. The analyst reiterates an Outperform rating on the shares.
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