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Brainsway price target raised to $23 from $19 at Northland

Northland analyst Carl Byrnes raised the firm’s price target on Brainsway (BWAY) to $23 from $19 and keeps an Outperform rating on the shares. BrainsWay’s fundamentals continue to strengthen with 70% of recent system placements structured as multi-year lease agreements, the analyst tells investors.

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