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Fly News Breaks for May 3, 2016
BXLT, SHPG
May 3, 2016 | 08:03 EDT
Cowen said Shire (SHPG) remains undervalued at current levels as the firm sees a number of growth opportunities ahead, including the acquisition of Baxalta (BXLT). Cowen reiterated its Outperform rating and $325 price target on Shire shares.
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