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Inari Medical downgraded to Hold from Buy at Canaccord

Canaccord downgraded Inari Medical (NARI) to Hold from Buy with a price target of $80, up from $74, after Stryker (SYK) entered into a definitive agreement to acquire Inari in cash for $80 per share. Following the announcement, Canaccord does not expect other large strategics to push the bid on Inari.

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