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Fly News Breaks for August 8, 2017
NXTM
Aug 8, 2017 | 07:19 EDT
Jefferies analyst Raj Denhoy downgraded NxStage Medical to Hold citing limited competing bidders and a potentially lengthy close due to antitrust questions. The analyst views Fresenius as the "most logical and likely only buyer" of the company. He lowered his price target for the shares to $30 from $33 following yesterday's deal announcement.
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