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Fly News Breaks for February 23, 2018
GILD, SGMO
Feb 23, 2018 | 05:00 EDT
Jefferies analyst Maury Raycroft raised his price target for Sangamo Therapeutics (SGMO) citing the "favorable" terms of the Gilead Sciences (GILD) collaboration. The deal unlocks "substantial potential" for Sangamo, Raycroft tells investors in a research note. He keeps a Buy rating on the shares.