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Fly News Breaks for April 30, 2015
OMED
Apr 30, 2015 | 13:58 EDT
Piper Jaffray believes OncoMed's "rich" cancer pipeline is being undervalued by investors. The company's cancer biotherapeutics have shown "impressive, additive activity in multiple large cancer settings," Piper says. It reiterates an Overweight rating on the stock with a $43 price target.
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