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Fly News Breaks for September 9, 2015
IDRA
Sep 9, 2015 | 09:12 EDT
JPMorgan analyst Anupam Rama says the current share price represents an attractive risk/reward profile for Idera Pharmaceuticals into the IMO-8400 data. Top-line data from the phase 1/2 trial of the toll-like receptor antagonist in Waldenstrom's macroglobulinemia are expected in Q4, Rama tells investors in a research note. The analyst has an Overweight rating on the stock with a $6 price target.
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