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Cerevel Therapeutics just downgraded at Stifel, here’s why
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Cerevel Therapeutics just downgraded at Stifel, here’s why

Stifel downgraded Cerevel Therapeutics (CERE) to Hold from Buy with a price target of $43, up from $42, after AbbVie (ABBV) said it will acquire all outstanding shares of Cerevel for $45 per share in cash.

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