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Fly News Breaks for September 15, 2017
WST
Sep 15, 2017 | 05:10 EDT
Jefferies analyst David Windley upgraded West Pharmaceutical to Buy and raised his price target for the shares to $115 from $96. The analyst expects biologic production volume will grow at a 13%-15% annual rate through 2020 and outpace capacity growth. He sees West benefiting and sustaining mid-to-high single digit top-line growth.