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Apollo Endosurgery downgraded to Market Perform from Outperform at Cowen

Cowen analyst Joshua Jennings downgraded Apollo Endosurgery (APEN) to Market Perform from Outperform with a price target of $10, down from $13, after Boston Scientific (BSX) announced a deal to acquire the company for $10 per share in cash back in November.

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Published first on TheFly

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