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LivaNova price target raised to $60 from $53 at Mizuho

Mizuho analyst Anthony Petrone raised the firm’s price target on LivaNova to $60 from $53 and keeps a Neutral rating on the shares. The company reported a “surprising” beat in Q2, driven by outperformance in neuromodulation and cardiopulmonary segments, which saw broad strength in all regions, the analyst tells investors in a research note. The firm, however, remains Neutral ahead of the CEO switch and pipeline readouts.

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