Citi raised the firm’s price target on Edwards Lifesciences (EW) to $95 from $84 and keeps a Buy rating on the shares. The firm updated models in medical technology following the Q1 reports. The good news is that underlying sector fundamentals appear intact, including volumes, pricing, and capex, the analyst tells investors in a research note. Citi named Edwards Lifesciences a Top Pick designation while removing Insulet (PODD). The firm says Edwards has several product and clinical milestones over the next 12-18 months.
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