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Edwards Lifesciences price target raised to $100 from $85 at Baird

Baird analyst David Rescott raised the firm’s price target on Edwards Lifesciences to $100 from $85 and keeps an Outperform rating on the shares. The firm said management didn’t appear any more bullish on growth outlook for TAVR given a competitor’s delay but still, the company remains an attractive growth asset backed by a durable TAVR segment and emerging/inflecting TMTT bucket.

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