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Progenics kept at sector perform by RBC
Progenics Pharmaceuticals, Inc. was kept at its sector perform, above average risk, by RBC Capital Markets analyst Michael Yee on news of the company's third-quarter results and expected news flow throughout the next year. Revenue of $18 million was generally in line with the analyst's estimate, while the net loss of $3 million missed the analyst's break-even forecast. Shares of the Tarrytown, N.Y.-based pharmaceutical company were up $1.98, or 7.29%, at $29.15. (Nasdaq: PGNX)
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