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Fly News Breaks for July 20, 2017
SRPT
Jul 20, 2017 | 08:09 EDT
Cowen analyst Ritu Baral raised her price target on Sarepta to $69 from $62 following Q2 results. The analyst noted results were solid and the company raised its sales guidance for Exondys 51 and sees it on track for a first half 2018 EU decision. She sees longer-term value in the company's maturing pipeline with multiple readouts expected by year-end. Baral reiterated her Outperform rating on Sarepta shares.
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