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Fly News Breaks for October 14, 2019
RVNC
Oct 14, 2019 | 11:47 EDT
Stifel analyst Annabel Samimy maintained a Buy rating and $50 price target on Revance following the "sudden board-led removal of Dan Browne," which was "due to issues unrelated to performance." In a research note titled 'CEO Departure Surprising, but Strategic Plans Continue,' the analyst said she remained "optimistic" on the company and its new CEO, Mark Foley, the former CEO of Zeltiq Aesthetics, who "provides aesthetics expertise and understanding of the company's therapeutics strategic plan."
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