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Lantheus upgraded to Buy at Truist on profit re-acceleration prospects

Truist analyst Richard Newitter upgraded Lantheus (LNTH) to Buy from Hold with a price target of $80, up from $61. The firm contends that the company’s Q4 and FY27 growth and profit re-acceleration prospects are compelling, adding that the stock’s current multiple of 11-times earnings does not reflect its double-digit revenue and EPS prospects in FY27 and beyond, the analyst tells investors in a research note.

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