Ariad target raised to $23 from $18 at BMO Capital After Ariad raised about $243M from a public offering, BMO Capital believes that the company is poised to launch its CML treatment, ponatinib, globally by the end of 2012 or early 2013. After speaking with an expert physician, the firm thinks that the unmet need in CML may be underestimated, and it maintains an Outperform rating on Ariad. :theflyonthewall.com
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