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Fly News Breaks for July 20, 2017
SRPT
Jul 20, 2017 | 08:18 EDT
Needham analyst Chad Messer notes that Sarepta reported Q2 Exondys revenues of $35M, significantly beating Street expectations, and again raised guidance for 2017 from above $95M to $125M-130M, a level he still views as conservative. The analyst now sees Sarepta achieving profitability as early as Q2 of 2018. He reiterates a Buy rating and $75 price target on the shares.
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