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Fly News Breaks for June 26, 2017
PTLA
Jun 26, 2017 | 07:56 EDT
Cowen analyst Phil Nadeau raised his price target on Portola Pharmaceuticals to $70 from $45 following its FDA approval of Bevyxxa, noting that he believes it received a broad favorable label for VTE prophylaxis in hospitalized acute medically ill patients. Nadeau reiterated his Outperform rating on Portola Pharmaceuticals shares.
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