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Fly News Breaks for October 23, 2015
INSY
Oct 23, 2015 | 09:11 EDT
Noting that Insys' stock has dropped nearly 50% since August, JMP Securities says that the company is growing because of demand increases, not price hikes or acquisitions. The firm notes that Insys' Subsys can only be dispensed by specially certified pharmacies. The firm reiterates a $50 price target and Outperform rating on the shares.
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