GE HealthCare initiated with a Buy at Mizuho

Mizuho initiated coverage of GE HealthCare with a Buy rating and $90 price target. The analyst says positive feedback from the firm’s radiology survey points to pent-up demand for additional U.S. hospital imaging capacity. Positive checks from hospital surveys point toward a return to double-digit growth in imaging procedures, the analyst tells investors in a research note. It believes GE HealthCare is well positioned for share gains.