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Edwards Lifesciences upgraded to Outperform from In Line at Evercore ISI

Evercore ISI upgraded Edwards Lifesciences (EW) to Outperform from In Line with a price target of $88, up from $80. Competitive fears have abated and the firm sees a potential inflection in TAVR procedures, driven by asymptomatic TAVR, the analyst tells investors. The firm identifies the moderate AS trial readout as another potential positive catalyst.

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