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Envoy Medical initiated with a Buy at H.C. Wainwright

H.C. Wainwright initiated coverage of Envoy Medical (COCH) with a Buy rating and $2.50 price target Envoy is a commercial-stage medical device company focused on the development of novel devices for patients with hearing loss, the analyst tells investors in a research note. The firm says the company’s Acclaim Cochlear Implant may be the world’s first fully implanted cochlear implant.

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