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Fly News Breaks for September 29, 2015
VSTM
Sep 29, 2015 | 06:22 EDT
Raymond James downgraded Verastem to Outperform and lowered its price target to $3 from $12 following negative interim study result for VS-6063 in mesothelioma patients. Analyst Reni Benjamin is disappointed in the results and has withdrawn estimates associated with the compound from its models but said the pipeline still has value.
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