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Fly News Breaks for June 30, 2016
TSRO
Jun 30, 2016 | 07:43 EDT
SunTrust raised its price target on TESARO after the company announced positive data for its niraparib drug in ovarian cancer. The firm is encouraged by what it sees as "the significant increase" in progression free survival that the patients who took the drug exhibited. SunTrust adds that the progression free survival rate came in above the levels seen among patients who took competing drugs. It reiterates a Buy rating on TESARO.
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