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HeartBeam initiated with a Buy at Roth Capital

Roth Capital initiated coverage of HeartBeam (BEAT) with a Buy rating and $4 price target The company is developing a credit-card-sized, cable-free cardiac device that synthesizes a 12-lead electrocardiogram, the analyst tells investors in a research note. The firm expects FDA clearance in the “coming days” that will initially focus on advanced cardiac arrhythmias within the concierge medicine market.

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