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Friday, August 10, 2018

Aptevo Therapeutics price target raised to $11 from $9 at Piper Jaffray


Piper Jaffray analyst Edward Tenthoff raised his price target for Aptevo Therapeutics to $11 after Q2 sales of the company’s prophylactic hemophilia B therapy Ixinity beat his estimate. The analyst increased his Ixinity sales forecast to $25M from $18M for 2018 and reiterates an Overweight rating on Aptevo Therapeutics.

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