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Thursday, May 9, 2019

Paratek Pharmaceuticals price target lowered to $12 from $17 at Wedbush

Wedbush analyst Robert Driscoll lowered his price target for Paratek Pharmaceuticals to $12 from $17 following quarterly results. The analyst sees a measured launch ahead for Nuzyra, with momentum continuing toward an “ultimately successful” commercial launch of a differentiated antibiotic. He reiterates an Outperform rating on the shares.
https://thefly.com/landingPageNews.php?id=2906907

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