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Zimmer Biomet price target raised to $150 from $130 at Canaccord
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Zimmer Biomet price target raised to $150 from $130 at Canaccord

Canaccord raised the firm’s price target on Zimmer Biomet to $150 from $130 and keeps a Hold rating on the shares. The analyst said they put up a solid Q1 in spite of continued macro headwinds, materially outperforming given lighter comps, strong new product uptake, and better-than- expected procedural recovery.

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