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Amicus downgraded to Neutral from Buy at Citi

Citi analyst Samantha Semenkow downgraded Amicus (FOLD) to Neutral from Buy with a price target of $14.50, down from $17, after BioMarin BMRN) announced it will acquire Amicus for $4.8B or $14.50 per share. Citi sees low potential of another bidder emerging.

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