Canaccord analyst William Plovanic lowered the firm’s price target on Edwards Lifesciences to $73 from $78 and keeps a Hold rating on the shares. The analyst said its investor day set 2023 financial guidance and announced a CEO succession plan. He continues to believe the company is the market innovator in structural heart and likely a long-term winner, but it continues to be hindered by slow-growth markets that have been impacted by staffing and COVID.
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