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Fly News Breaks for October 30, 2017
VNDA
Oct 30, 2017 | 07:55 EDT
Oppenheimer analyst Derek Archila raised his price target for Vanda to $26 from $21 based on his more bullish Hetlioz forecasts. The analyst believes the recent pullback provides a nice entry point for investors as he expects base business growth to accelerate in the next 12-18 months. Archila reiterates an Outperform rating on the shares.