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GE HealthCare price target raised to $110 from $80 at Argus

Argus raised the firm’s price target on GE HealthCare to $110 from $80 and keeps a Buy rating on the shares. Having achieved a solid track of innovation in 2023, the company presented an upbeat outlook for 2024 on its Q4 earnings call as it intends to will focus on launching new products and solutions that incorporate AI and digital technologies, the analyst tells investors in a research note.

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