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BrightSpring Health price target raised to $70 from $60 at BMO Capital

BMO Capital raised the firm’s price target on BrightSpring Health (BTSG) to $70 from $60 and keeps an Outperform rating on the shares. The firm has leveraged AI to map and quantify all recent and upcoming expected generic conversions to conclude that the majority of the generic opportunity still lies ahead, the analyst tells investors in a research note.

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