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Fly News Breaks for September 24, 2019
SBBP
Sep 24, 2019 | 08:39 EDT
Jefferies analyst Chris Howerton initiated coverage of Strongbridge Biopharma with a Buy rating and $8 price target. The analyst sees a high probability of success for Cushing's syndrome and considers the shares significantly undervalued. He expects expect Recorlev, the therapeutic component of ketoconazole, to gain FDA approval and secure significant market share.
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