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Lumexa Imaging initiated with an Overweight at Barclays

Barclays initiated coverage of Lumexa Imaging (LMRI) with an Overweight rating and $23 price target The firm likes the company’s strong local market positions and accelerating new center openings. Lumexa benefits from rising demand for diagnostic imaging due to increasing chronic diseases and the shift to lower-cost care sites,the analyst tells investors in a research note.

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