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Fly News Breaks for May 21, 2015
ICPT
May 21, 2015 | 05:41 EDT
Barclays analyst Jonathan Eckard started shares of Intercept Pharmaceuticals with an Overweight rating and $425 price target. Eckard views Intercept's liver fibrosis drug as being in the "pole position of an untapped market" and thinks the run in biotech stocks is not over. Shares of Intercept closed yesterday up $6.24 to $269.74.
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