Truist lowered the firm’s price target on Edwards Lifesciences (EW) to $70 from $71 and keeps a Hold rating on the shares after its Q3 earnings beat but below-consensus guide. The company’s discontinued operations made for a messy Q3 though the worldwide TAVR & TMTT delivered slight upside, the analyst tells investors in a research note. Truist adds that it sees risk-reward on the stock as balanced.
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