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Fly News Breaks for January 7, 2020
Jan 7, 2020 | 08:36 EDT
SVB Leerink analyst Dae Gon Ha initiated coverage of Apellis with a Market Perform rating and $30 price target. With late-stage programs, mid-to-late stage programs, and cash over $430M, Apellis could be an intriguing name for investors, the analyst contends. However, he sees several reasons that, on balance, warrant a more cautious view.
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