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Fly News Breaks for July 24, 2017
SRPT
Jul 24, 2017 | 07:44 EDT
Janney Capital analyst Debjit Chattopadhyay raised his fair value estimate on Sarepta to $73 from $65 after noting that the company's Q2 results and revised guidance show that the commercial launch of Exondys 51 is tracking significantly ahead of expectations. The phase 2 data from Golodirsen, which is most likely to come at the WMC meeting in October, could be the next big event for Sarepta, said Chattopadhyay, who keeps a Buy rating on the stock.
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