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Inari Medical downgraded to Neutral from Buy at BTIG

Inari Medical downgraded to Neutral from Buy at BTIG

BTIG downgraded Inari Medical (NARI) to Neutral from Buy without a price target after Stryker (SYK) entered a definitive agreement to acquire the company for $80 per share in cash. With Inari now trading at a 1% discount to its takeout price, BTIG is downgrading the shares, the analyst tells investors in a research note.

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