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Fly News Breaks for February 29, 2016
KERX
Feb 29, 2016 | 06:51 EDT
FBR Capital analyst Christopher James upgraded Keryx to Outperform from Market Perform citing valuation and his belief that 2016 will be a year of meaningful Auryxia sales. The analyst, who noted that Phase III data in patients with CKD-IDA is expected early in the second quarter, keeps a $10 price target on Keryx shares.
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