Citi lowered the firm’s price target on Edwards Lifesciences to $85 from $94 and keeps a Buy rating on the shares. The company reported Q3 results that met consensus, but the Q4 guide will likely drive share pressure post-earnings, the analyst tells investors in a research note.
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Read More on EW:
- EDWARDS LIFESCIENCES REPORTS THIRD QUARTER RESULTS
- Edwards Lifesciences backs FY23 adjusted EPS $2.50-$2.60, consensus $2.55
- Edwards Lifesciences sees Q4 adjusted EPS 60c-66c, consensus 68c
- Edwards Lifesciences reports Q3 adjusted EPS 59c, consensus 59c
- Edwards Lifesciences options imply 6.8% move in share price post-earnings