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Analysts at Brean Capital initiated coverage on
Sorrento Therapeutics IncSRNE with a Buy rating.
The target price for Sorrento Therapeutics is set to $17.
Sorrento Therapeutics shares have gained 156.19 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the same period.
Sorrento Therapeutics' shares fell 1.46 percent to $12.85 in after-hours trading.
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