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Fly News Breaks for February 27, 2017
LJPC
Feb 27, 2017 | 15:42 EDT
Cowen analyst Phil Nadeau raised La Jolla's price target to $55 from $40 following compelling LJPC-501 data in its SPA-supported Phase III ATHOS-3 trial. The analyst believes the data de-risks LJPC-501 and expects the company to file for FDA approval in 2H 2017. Nadeau has a Buy rating on La Jolla shares.
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