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Morgan Stanley positive on LifeStance ahead of earnings

Morgan Stanley keeps an Overweight rating and $10 price target on LifeStance with a “positive catalyst” call on the stock ahead of earnings. The firm expects the company to deliver revenue upside in Q3 and guide above for Q4, and with 2023 being characterized as a year of investment in the business, the analyst is looking for additional anecdotes on operational improvements, the analyst tells investors in a research note.

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