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Fly News Breaks for February 6, 2018
XOMA
Feb 6, 2018 | 07:35 EDT
Wedbush analyst Liana Moussatos views Xoma's weakness as an attractive buying opportunity and believes the stock is likely to recover as she anticipates potential announcement of additional out-licensing agreements in 201, providing non-dilutive capital and extending cash runway. The analyst reiterates an Outperform rating and $33 price target on the shares.
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