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Fly News Breaks for April 6, 2017
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Apr 6, 2017 | 06:00 EDT
Jefferies analyst Brian Abrahams downgraded Ultragenyx and lowered his price target for the shares to $66 from $109 after assuming coverage of the name. The analyst sees potential headwinds as the company builds into small/less well-defined markets and believes the stock at current levels is fairly valued.