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Stock Market & Financial Investment News

News Breaks
January 16, 2013
06:41 EDTITMNInterMune upgraded to Buy from Neutral at UBS
UBS believes InterMune's (ITMN) ASCEND study for its IPF drug has a greater probability of success vs. Biogen Idec's (BIIB) BIBF1120 competing drug and that management has lowered EU expectations enough that investors will see a value opportunity into the data. Price target raised to $15 from $9.
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