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Coley initiated by Leerink Swann at outperform
Coley Pharmaceutical Group Inc. coverage was initiated by Leerink Swann analyst William Tanner at an outperform rating. Leerink Swann believes Coley has a compelling technology platform using toll-like receptors to activate the immune system, validated by partnership agreements with Pfizer and Sanofi-Aventis. Coley shares Monday were up $0.19, or 1.12%, at $17.19 on volume of 141,230 shares versus the three-month running average of 371,759 shares.
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