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Fly News Breaks for May 24, 2019
XLRN
May 24, 2019 | 07:17 EDT
Citi analyst Yigal Nochomovitz assumed coverage of Acceleron Pharma with a Buy rating and boosted his price target for the shares to $66 from $63. The analyst sees potential for "significant" share upside over the next 12-18 months with lead drug Luspatercept launching in early 2020, catalysts from Luspatercept expansion and an evolving pipeline.
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