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Fly News Breaks for February 27, 2020
RIGL
Feb 27, 2020 | 20:18 EDT
Piper Sandler analyst Christopher Raymond keeps his Overweight rating and $8 price target on Rigel Pharmaceuticals after its Q4 results, saying that with the management pre-announcing the Tavalisse revenue and "encouraging metrics" last month, there was little surprise in the release. The analyst notes that he remains positive heading into 2020, with an earlier-line ITP patient Tavalisse uptake serving as a tailwind for the shares.
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