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Fly News Breaks for June 2, 2016
TNXP
Jun 2, 2016 | 08:18 EDT
Cantor upgraded Tonix after the company reported data on its PTSD treatment. The firm says that the data "presented a durable signal" and has improved the stock's risk/reward ratio. However, it remains cautious on the drug, noting that new data on the product won't be reported for another 18 months. Target $5.75.
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