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MGI Pharma held by Bear Stearns at outperform
MGI Pharma Inc. was kept by Bear Stearns analyst Vinay Thapar at an outperform rating with a price target of $33 per share following the company's second quarter earnings. Bloomington, Minn.-based MGI Pharma develops treatments for cancer patients, such as chemotherapy-induced nausea and dry mouth. MGI Pharma shares Thursday added $1.46, or 6.06%, to $25.56 on volume of 3.47 million shares versus the three-month running average of 1.18 million.
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