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Heartflow price target raised to $40 from $35 at Stifel

Stifel raised the firm’s price target on Heartflow (HTFL) to $40 from $35 and keeps a Buy rating on the shares. Following “an excellent quarter for Heartflow,” the firm is inclined to view the company’s implied Q4 revenue number as “prudent conservatism with just one quarter now reported as a public company,” the analyst tells investors in a post-earnings note.

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