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Prenetics initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald analyst Ross Osborn initiated coverage of Prenetics with an Overweight rating and $7 price target. Osborn holds a favorable view of the consumer and clinical testing markets the company addresses and believes Prenetics’ commercialization strategy is unique and sound, the analyst tells investors in a research note. Additionally, Osborn believes the company’s shares are attractively valued.

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