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Haemonetics upgraded to Neutral from Underperform at BofA

BofA upgraded Haemonetics (HAE) to Neutral from Underperform with a price target of $75, up from $58. Plasma volume growth returned to high single digits in the U.S. this quarter and double digits in Europe, notes the analyst, who thinks Haemonetics is taking a “more prudent view” on its guidance philosophy.

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