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Bausch Health price target lowered to $8 from $9 at Raymond James

Raymond James lowered the firm’s price target on Bausch Health (BHC) to $8 from $9 and keeps a Market Perform rating on the shares. Bausch Health reported a “solid” Q1 overall, with adjusted EBITDA and revenue strength across all businesses except Bausch + Lomb (BLCO) and International, the analyst tells investors in a research note.

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