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Fly News Breaks for May 10, 2019
XLRN
May 10, 2019 | 12:22 EDT
H.C. Wainwright analyst Edward White maintained a Buy rating on Acceleron Pharma and raised his price target on shares to $69 from $66 after the company reported Q1 results. The analyst noted he continues to expect "approval and commercial success for luspatercept" and sees luspatercept sales totalling $164M in 2020, implying $32.8M in royalties for Acceleron.
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