Shares of Emergent BioSolutions (NYSE: EBS) were sinking 12.8% lower as of 10:53 a.m. ET on Friday. Fye also slashed the 12-month price target for Emergent BioSolutions from $23 to $9. Emergent BioSolutions certainly faces some challenges, though, that could justify investors' caution.
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The residents in question have been contacted
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