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DaVita price target lowered to $148 from $164 at Truist

Truist analyst David MacDonald lowered the firm’s price target on DaVita (DVA) to $148 from $164 and keeps a Hold rating on the shares. The firm is adjusting its estimates to reflect the company’s Q2 results, raising its FY25 EPS view by 14c to $10.88 but cutting its price target to reflect a lower assumed multiple, the analyst tells investors in a research note.

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