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Fly News Breaks for June 18, 2015
SGYP
Jun 18, 2015 | 09:06 EDT
Canaccord raised its price target on Synergy Pharmaceuticals to $19 from $11 following positive top-line results from its Phase 3 trial for plecanatide in chronic idiopathic constipation. The firm cited a de-risking of the drug and its approval potential and valuation. Canaccord reiterated its Buy rating on Synergy Pharmaceuticals shares.
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