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Fly News Breaks for February 7, 2019
SGEN
Feb 7, 2019 | 19:39 EDT
Piper Jaffray analyst Joseph Catanzaro lowered his price target on Seattle Genetics to $64 and kept his Neutral rating after its Q4 results and Adcetris sales came in line with forecasts. The analyst cites the slowdown in the adoption trajectory of E-1 over the past two quarters, but looks ahead to two pivotal data sets for Adcetris in 2019.
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