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Fly News Breaks for September 6, 2018
MNLO
Sep 6, 2018 | 16:27 EDT
Cantor Fitzgerald analyst Louise Chen initiated coverage of Menlo Therapeutics with an Overweight rating and $25 price target. The analyst expects pipeline success to drive consensus earnings estimates and the stock higher. Chen believes a "positive, steady stream of pivotal data readouts" for Nularis, Tussix and Psorixa will begin in Q4 of this year.
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