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Certara initiated with a Market Perform at BMO Capital

BMO Capital initiated coverage of Certara (CERT) with a Market Perform rating and $9 price target BMO remains a big believer in the longer-run opportunities associated with modernizing the currently antiquated drug development process, but would like to see more evidence that these initiatives are gaining traction before getting more constructive on the stock, the analyst tells investors in a research note.

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