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Fly News Breaks for February 27, 2019
GWPH
Feb 27, 2019 | 05:20 EDT
Piper Jaffray analyst Danielle Brill raised her price target for GW Pharmaceuticals to $185 saying the Epidiolex launch is off to a "very strong start" and still gaining momentum. Management commentary indicates the launch is "living up to the hype," Brill tells investors in a post-earnings research note. Further, she believes GW has the infrastructure in place to meet high demand. The analyst reiterates an Overweight rating on the shares.
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