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Fly News Breaks for June 27, 2018
HZNP
Jun 27, 2018 | 07:35 EDT
Citi analyst Liav Abraham downgraded Horizon Pharma to Neutral from Buy, telling investors in a research note that he sees limited upside to valuation at current levels following the recent upward inflection in the share price. Though he acknowledges the company's shift towards a focus on orphan diseases and rheumatology, he sees "limited" upside to Street estimates over the near to medium term.
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