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JMP keeps Alexza at market outperform
Alexza Pharmaceuticals, Inc. was reiterated at market outperform by JMP Securities analyst Charles C. Duncan following the analyst's San Francisco bus tour. The company is on track for significant milestones in the second half of 2006 and possibly a partnership, according to the analyst. Shares of the Palo Alto, Calif.-based development-stage company were unchanged at $7.00. (Nasdaq: ALXA)
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