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Fresenius Medical price target raised to $28 from $26 at Truist

Truist raised the firm’s price target on Fresenius Medical (FMS) to $28 from $26 and keeps a Hold rating on the shares. Despite the non-discretionary nature of the service and solid cash flow, improving volume trends remain critical amid a mixed environment marked by sluggish admissions, mortality, and missed treatments, the analyst tells investors in a research note.

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