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Pro Medicus initiated with a Hold at Jefferies

Jefferies initiated coverage of Pro Medicus with a Hold rating and A$63 price target. Promedicus, a “leading provider” of radiology information systems, Picture Archiving and Communication Systems and advanced visualization solutions used in the medical industry for diagnostic imaging, or DI, is gaining momentum at top-rated U.S. hospitals, says the analyst in a note titled “Streaming Service: Netflix of DI”.

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