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Beta Bionics price target lowered to $20 from $32 at Piper Sandler

Piper Sandler analyst Matt O’Brien lowered the firm’s price target on Beta Bionics (BBNX) to $20 from $32 and keeps an Overweight rating on the shares. The firm notes Beta reported Q1 results that beat nicely across the board. Management also raised guidance for the year across many key metrics.

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