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Edwards Lifesciences upgraded to Buy from Neutral at Citi

Citi analyst Joanne Wuensch upgraded Edwards Lifesciences to Buy from Neutral with a price target of $105, up from $98. The stock is positioned to work well into the end of the year, with a reset base business and optimism on the next leg of growth, the analyst tells investors in a research note. The firm sees the company’s TAVR business stabilizing and momentum building in transcatheter mitral and tricuspid therapies.

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