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CapsoVision price target raised to $11 from $7 at Roth Capital

Roth Capital raised the firm’s price target on CapsoVision (CV) to $11 from $7 and keeps a Buy rating on the shares after the company announced preliminary sales for Q4 of $3.9M, the closing of a $14M private placement, consisting of about 2.87M shares sold at $4.883 per share and also provided an update regarding CapsoCam Colon and its Breakthrough Device Designation for early pancreatic cancer detection.

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