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Fly News Breaks for January 12, 2017
NVS, MNTA
Jan 12, 2017 | 07:39 EDT
Leerink analyst Jason Gerberry raised his price target for Momenta (MNTA) to $19 from $14 based on an increased probability Momenta/Novartis (NVS) will launch a Copaxone 40mg generic by mid-2017. The analyst reiterates an Outperform rating on Momenta's shares.