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Fly News Breaks for August 8, 2018
IRWD
Aug 8, 2018 | 17:25 EDT
Wells Fargo analyst David Maris kept his Outperform rating on Ironwood after its Q2 results, nudging his price target to $23 from $22. The analyst notes that while the earnings were "unremarkable", the company is showing commitment to enhance shareholder value by shuttering Zurampic/Duzallo program because of its sluggish sales growth and also reducing workforce that will result in "significant cost savings".
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