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Heartflow initiated with an Overweight at Piper Sandler

Piper Sandler analyst Matt O’Brien initiated coverage of Heartflow (HTFL) with an Overweight rating and $38 price target Heartflow is a commercial-stage medical technology company that provides artificial intelligence-powered software to diagnose and guide the treatment of coronary artery disease, the analyst tells investors in a research note. The firm believes the company remains in the early launch stages of the $2.9B plaque analysis market and is well positioned for continued share gains.

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