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Encompass Health price target raised to $70 from $62 at Deutsche Bank

Deutsche Bank analyst Pito Chickering raised the firm’s price target on Encompass Health to $70 from $62 and keeps a Buy rating on the shares. The company’s earnings call played out as the firm expected, with Encompass reporting "impressive" Q4 results and solid, yet conservative, 2023 guidance, the analyst tells investors.

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