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Kestra Medical price target raised to $28 from $27 at Wells Fargo

Wells Fargo raised the firm’s price target on Kestra Medical (KMTS) to $28 from $27 and keeps an Overweight rating on the shares. The firm notes the company reported Q2 sales in-line with its pre-announcement and raised FY26 sales guidance above the Q2 beat. Management highlighted an acceleration in WCD market growth, share capture, and improvement in in-network mix and RCM as driving its outlook.

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