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LifeStance initiated with an Outperform at BMO Capital

BMO Capital initiated coverage of LifeStance (LFST) with an Outperform rating and $8 price target With new initiatives in place to boost growth, attention has turned to their effectiveness, the analyst tells investors in a research note. LifeStance’s focus is shifting from solely adding clinicians to also enhancing their productivity, while expanding into specialty care offers additional upside, the firm says, adding that the stock appears attractively valued.

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