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Lumexa Imaging initiated with a Buy at Jefferies

Jefferies initiated coverage of Lumexa Imaging (LMRI) with a Buy rating and $23 price target The company is well positioned for 8%-9% EBITDA growth annually over the next five years, the analyst tells investors in a research note. The firm believes Lumexa will benefit from secular tailwinds in imaging, the opening of new clinics, the ramp of facilities opened in the last few years, and rate growth.

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