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Fly News Breaks for November 7, 2016
LGND
Nov 7, 2016 | 09:21 EDT
Stephens analyst Drew Jones lowered his price target for Ligand to $125 from $150 on valuation. The analyst notes that the company reported mixed Q3 results as revenue softness led to lowered guidance for the year. Nonetheless, he reiterates an Overweight rating on the shares.
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