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Fly News Breaks for April 5, 2016
PGNX
Apr 5, 2016 | 07:05 EDT
Brean Capital said the FDA's request for additional data from Progenics for the review of its Relistor drug is a typical tactic to get more time to review a drug. The firm does not believe the request regards anything inherent about Relistor and expects eventual approval. Brean Capital would uses any weakness to buy the stock while reiterating its Buy rating and $14 price target on Progenics shares.
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