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Edwards Lifesciences price target lowered to $89 from $92 at Truist

Truist analyst Richard Newitter lowered the firm’s price target on Edwards Lifesciences (EW) to $89 from $92 and keeps a Hold rating on the shares. The company’s Q4 revenue beat was driven by continued double-digit TAVR momentum and upside but with limited flowthru to EPS, the analyst tells investors in a research note.

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