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January 6, 2012
08:10 EDTITMNInterMune a top 2012 pick, says Brean Murray
Brean Murray said negative macro and company specific catalysts created a buying opportunity for InterMune. The firm called it a top pick for 2012 citing valuation, implications for strong German demand of Esbriet, and the orphan drug status of the drug. Shares are Buy rated with a $42 price target.
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