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ESAB price target lowered to $138 from $140 at JPMorgan

JPMorgan analyst Tami Zakaria lowered the firm’s price target on ESAB (ESAB) to $138 from $140 and keeps an Overweight rating on the shares. The firm adjusted targets in the machinery and waste services group as part of a Q4 preview. JPMorgan prefers truck-related names into earnings. It expects the waste names to guide below consensus.

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