RBC Capital lowered the firm’s price target on Edwards Lifesciences to $80 from $82 but keeps an Outperform rating on the shares ahead of the company’s Investor Day this Thursday. The management should discuss its product and clinical pipeline in detail as well as provide a financial outlook for 2024 that the firm expects to be typically conservative ahead of the start of the year, likely encompassing consensus, the analyst tells investors in a research note.
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