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Fly News Breaks for January 15, 2016
SRPT
Jan 15, 2016 | 13:46 EDT
William Blair has lowered its price target on Sarepta to $29 from $60 to account for a lower expectation for success of eteplirsen based on the tone of the FDA briefing documents. The firm still assumes the launch of eteplirsen in the second half 2016, but said it will revisit that assumption following the FDA advisory panel. William Blair keeps an Outperform rating on Sarepta shares.
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