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Fly News Breaks for October 1, 2018
SGEN
Oct 1, 2018 | 10:18 EDT
Piper Jaffray analyst Joseph Catanzaro believes the positive Phase III Echelon-2 trial announced this morning by Seattle Genetics "was fully baked into" the shares. The analyst remains comfortable with his Adcetris estimates pending the full data and keeps a Neutral rating on the shares with a $71 price target. The stock in early trading is up 3%, or $2.00, to $79.12.
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