Evercore ISI analyst Vijay Kumar initiated coverage of GE HealthCare with an Outperform rating and $90 price target, which represents 17% upside from current levels. The analyst believes the company’s positive pricing and platforming initiatives could uplift margins by 50-100 basis points annually. The firm says its revenue acceleration thesis rests on GE HealthCare’s pricing and innovation.
Published first on TheFly
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