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Fly News Breaks for September 30, 2015
BXLT, SHPG
Sep 30, 2015 | 06:14 EDT
HSBC analyst Stephen McGarry upgraded Shire (SHPG) to Hold with the stock now below his unchanged price target of 4,734p. The analyst remains concerned on potential downside risks from a delay to lifitegrast approval as well as the strategic rationale on the proposed acquisition of Baxalta (BXLT).
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