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Mirati Therapeutics downgraded to Hold on pending buyout at Stifel
The Fly

Mirati Therapeutics downgraded to Hold on pending buyout at Stifel

Stifel last night downgraded Mirati Therapeutics (MRTX) to Hold from Buy with a price target of $59, down from $83. The firm expects the announced takeover by Bristol Myers (BMY) to close without issue.

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