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LivaNova price target raised to $66 from $58 at Baird

Baird raised the firm’s price target on LivaNova to $66 from $58 and keeps a Neutral rating on the shares. The firm sees upside potential to its 2024-2025 revenue/EPS outlook, especially as Essenz gains traction, capacity expansion potentially helps 2H24/2025 oxygenator growth, and operational growth/leverage takes hold.

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