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Fly News Breaks for March 14, 2016
GWPH
Mar 14, 2016 | 10:22 EDT
Leerink analyst Paul Matteis raised his price target for GW Pharmaceuticals to $130 citing the company's "strong" Phase III results from the first Epidiolex trial in Dravet Syndrome. The analyst sees an increased probability of approval in the U.S. and Europe and keeps an Outperform rating on shares of GW. The stock is up 114%, or $43.77, to $82.23 in morning trading.
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