Roche pays $2.4 billion for rest of cancer expert Foundation Medicine

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William Blair Downgrades Foundation Medicine (FMI) to Market Perform Following Takeover

June 19, 2018 12:48 PM EDT

William Blair downgraded Foundation Medicine (NASDAQ: FMI) from Outperform to Market Perform after the company agreed to be acquired by Roche.

For an analyst ratings summary and ratings history on Foundation Medicine click here. For more ratings news on Foundation Medicine click here.

Shares of Foundation Medicine closed at $106.45 yesterday.

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