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Celgene PT $117

  • So what if Celgene $CELG took on $4bn in debt to buy Juno Therapeutics? The company is invested in the future.

If analysts have this right, Celgene is worth $117, or upside of 53%.

Why, then is Celgene stock down again today? The stock is currently down 2.56% @ $76.36. Investors are nervous for no reason. The prospects are shaky short-term, pushing out weak investors.

Previously, CELG with 25 - 50% upside.

Now Read this (for more trade ideas):

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