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Fly News Breaks for February 22, 2017
SRPT
Feb 22, 2017 | 07:05 EDT
Noting that Sarepta has already preannounced Q4 Exondys 51 sales, Janney Capital analyst Debjit Chattopadhyay called the company's upcoming report of results "immaterial," but he sees the associated call as a "great opportunity to improve signal to noise" and provide clarity on the launch. At current valuation, several potential positives are "free options," said Chattopadhyay, who keeps a Buy rating on Sarepta shares with a $65 fair value estimate.
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