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Option Care Health price target raised to $35 from $30 at JMP Securities

Option Care Health price target raised to $35 from $30 at JMP Securities

JMP Securities analyst Constantine Davides raised the firm’s price target on Option Care Health (OPCH) to $35 from $30 and keeps an Outperform rating on the shares amid a broader research note on Healthcare Services. The firm believes a higher multiple is justified given the elimination of the Stelara overhang and a lack of any meaningful single-product risk ex-Stelara.

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