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Guardian Pharmacy price target raised to $38 from $35 at Oppenheimer

Oppenheimer analyst Michael Wiederhorn raised the firm’s price target on Guardian Pharmacy (GRDN) to $38 from $35 and keeps an Outperform rating on the shares following quarterly results. The firm says the Q4 beat was partially due to non-continuing factors but also several sustainable drivers. Overall, Oppenheimer believes Guardian remains well positioned for growth, driven by an attractive position in a market poised for growth due to the silver tsumani.

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