UBS raised the firm’s price target on Edwards Lifesciences (EW) to $90 from $85 and keeps a Neutral rating on the shares. Edwards Lifesciences posted a broad-based beat and raise quarter and raised the full year TAVR guidance to 7%-8%, which UBS views as conservative, the analyst tells investors in a research note. UBS remains on the sidelines for now as it’s still unclear whether the sustainable mid-term TAVR growth trajectory is better than mid-to-high single digits.
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