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Fly News Breaks for April 2, 2015
OREX
Apr 2, 2015 | 07:01 EDT
Piper Jaffray reiterates Orexigen as a top mid-cap pick for 2015 after hosting meetings with management. Piper believes obesity drugs are getting traction and that Orexigen's recent approval in Europe will likely to support a partnering push. The firm thinks a non-U.S. partnering deal could be announced this year. It reiterates an Overweight rating on Orexigen with a $26 price target.
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