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Fly News Breaks for February 1, 2017
SRPT
Feb 1, 2017 | 08:33 EDT
Leerink analyst Joseph Schwartz says his MEDACorp payor survey suggests that the reimbursement landscape for Sarepta's Exondys51 for the treatment of Duchenne Muscular Dystrophy is more tenuous than management indicated recently. Moreover, the analyst continues to see risk to consensus revenue estimates being achieved in 2017 and beyond. He reiterated a Market Perform rating on the stock and lowered his price target on the shares to $32 from $33.
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