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EDAP TMS price target raised to $19 from $16 at H.C. Wainwright

H.C. Wainwright analyst Swayampakula Ramakanth raised the firm’s price target on EDAP TMS to $19 from $16 and keeps a Buy rating on the shares following the Q4 report. The analyst believes the company’s cash position can fund operations for the foreseeable future.

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