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TransMedics initiated with a Buy at Jefferies

Jefferies initiated coverage of TransMedics (TMDX) with a Buy rating and $145 price target The company has developed “differentiated” technology and a service/ transport model, enabling higher utilization and greater penetration for livers, hearts, and lungs, the analyst tells investors in a research note. The firm sees above-consensus growth for TransMedics in 2027, driven by its next-generation heart and lung trials.

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