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Shares of medical device company Unilife (UNIS +6%) move up today after Cantor Fitzgerald...
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Tuesday, December 18, 2012, 11:10 AM ETShares of medical device company Unilife (UNIS +6%) move up today after Cantor Fitzgerald initiated coverage with a Buy on valuation with a price target of $7.50 a share. Cantor says the company's risk profile is looking very good, and with better clarity in regards to revenue and pipeline issues coming out of its recent annual meeting, the stock looks poised to gain.
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I'm making a bet that because management owns a huge chunk of this outfit and hoping they have a clear crystal ball.