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Why Xeris Pharmaceuticals Is Soaring 7% Higher Today


Shares of Xeris Pharmaceuticals (NASDAQ: XERS) were jumping 7% higher heading into noontime trading Friday after analyst coverage of the specialty biopharma began the day with a buy rating.

H.C. Wainwright analyst Oren Livnat also assigned a $4-per-share price target on Xeris, which is more than double where the stock closed yesterday.

Image source: Getty Images.

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Source Fool.com

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