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Fly News Breaks for February 26, 2016
RPTP
Feb 26, 2016 | 06:34 EDT
JMP Securities analyst Liisa Bayko downgraded Raptor Pharmaceuticals to Market Perform from Outperform following the Q4 report and guidance. The analyst said the company's steps to deprioritize investment in Huntington's disease impacts her forecast and was a significant driver of long-term growth. Bayko now views shares as fairly valued but said larger companies that are consolidating orphan disease assets could be interested in Raptor.
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