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Privia Health initiated with a Buy at Citi

Privia Health initiated with a Buy at Citi

Citi initiated coverage of Privia Health with a Buy rating and $25 price target. The firm calls Privia its top value-based-care pick, saying it has the most flexible business model and is not overly reliant on one market segment. Privia has the flexibility to move up and down the risk curve across Medicare, Medicaid, and commercial, the analyst tells investors in a research note.

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