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Fly News Breaks for June 8, 2017
TMO, PTHN
Jun 8, 2017 | 06:14 EDT
JPMorgan analyst Tycho Peterson downgraded Patheon (PTHN) to Neutral citing the pending acquisition by Thermo Fisher (TMO). The analyst expects no competing bid will emerge. He raised his price target for the shares to $35 from $30.
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