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Inari Medical downgraded to Hold from Buy at Jefferies

Jefferies downgraded Inari Medical (NARI) to Hold from Buy with a price target of $80, up from $70, after Stryker (SYK) announced an agreement to acquire Inari for $80 per share in cash. Given no product overlap, the firm sees little antitrust risk and expects the deal to close by end of Q1, the analyst tells investors.

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