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Fly News Breaks for May 1, 2015
SHPG
May 1, 2015 | 08:44 EDT
SunTrust increased its price target on Shire after the company reported stronger than expected results. The firm expects the company's 2015 EPS to beat expectations, and it expects the stock's multiple to expand as it executes on the Vyvanse BED/ex-US launches and secures regulatory approval for lifitegrast. SunTrust keeps a Buy rating on the shares.
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