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Fly News Breaks for May 29, 2019
GBT
May 29, 2019 | 06:28 EDT
Goldman Sachs analyst Paul Choi assumed coverage of Global Blood Therapeutics with a Neutral rating and $75 price target. Prior analyst Terence Flynn had a Neutral rating on the shares with a $59 price target. Choi believes the company's lead asset voxelotor could "shift the paradigm" in the treatment of sickle cell disease, but he believes investors should await more more visibility on the clinical and commercial outcomes.
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