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Fly News Breaks for August 30, 2017
JAZZ, IMGN
Aug 30, 2017 | 09:58 EDT
Canaccord analyst John Newman raised ImmunoGen's (IMGN) price target to $10 from $8 following the partnership announcement with Jazz Pharmaceuticals (JAZZ) for the for the clinical development, regulatory submissions, and commercialization of IMGN779 and IMGN632. The analyst said the partnership signals confidence in the ADC technology platforms and reiterates a Buy rating on ImmunoGen shares.
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