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BrightSpring Health price target raised to $20 from $19 at Morgan Stanley

Morgan Stanley analyst Erin Wright raised the firm’s price target on BrightSpring Health (BTSG) to $20 from $19 and keeps an Overweight rating on the shares. Diversified Managed Care “woefully underperformed” in 2024 and while uncertainty is pressuring sentiment, the firm sees “opportunities in a friendlier policy backdrop,” the analyst tells investors in a 2025 outlook note on the healthcare services group.

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