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Artivion price target lowered to $32 from $34 at Needham

Needham lowered the firm’s price target on Artivion (AORT) to $32 from $34 and keeps a Buy rating on the shares after its Q4 results. The company’s constant currency revenue growth slowed to 3.5% from 9.5% in Q3 as the previously disclosed cybersecurity issue disrupted sales while its gross margin was down 200 bps, the analyst tells investors in a research note.

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