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Fly News Breaks for June 6, 2019
LJPC
Jun 6, 2019 | 11:49 EDT
H.C. Wainwright analyst Edward White raised his price target for La Jolla Pharmaceutical to $27 from $25 after the company announced positive data from its pre-specified interim analysis of the Phase 2 clinical study evaluating LJPC-401 in patients with hereditary hemochromatosis. The analyst increased his probability of success for LJPC-401 to 35% from 30% following the data and keeps a Buy rating on La Jolla shares.
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