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Fly News Breaks for December 18, 2019
GLPG
Dec 18, 2019 | 05:32 EDT
Citi analyst Nick Nieland downgraded Galapagos to Neutral from Buy with the shares up 137% year-to-date. The analyst views the current valuation as fair and sees fewer clinical catalysts into the first half of 2020. As such, it is challenging to see where the share upside will come from in the near-term, Nieland tells investors in a research note.
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