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Inspire Medical price target lowered to $149 from $176 at Leerink

Leerink lowered the firm’s price target on Inspire Medical (INSP) to $149 from $176 and keeps a Market Perform rating on the shares ahead of quarterly results. The firm is updating estimates to reflect financial statement disclosures and its updated views, and price targets of several names in the space to reflect recent changes in valuation premiums.

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