[at Barrons.com] – The biotech rally has been good to Celgene (CELG), which has soared more than 160% over the last two years. In a note published Thursday morning, analyst Matthew Roden and his team upgraded Celgene to a Buy from a Neutral and set a $200 price target, citing their conviction that the drug maker can deliver 26% average annual EPS growth over the next four years. At $165, Celgene rose 3.5% in morning market action. Celgene makes drugs that treat blood … [visit site to read more]
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