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Fly News Breaks for February 20, 2020
HRTX
Feb 20, 2020 | 07:49 EDT
Cowen analyst Boris Peaker noted Heron Therapeutics announced the FDA extended the review period for its NDA for HTX-011 by up to three months. The analyst feels the update is an incremental setback, but not changing the long-term outlook for HTX-011 in his model. Peaker reiterated his Outperform rating and $40 price target on Heron Therapeutics shares.