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M3 Inc. initiated with a Buy at Goldman Sachs

Goldman Sachs analyst Akinori Ueda initiated coverage of M3 Inc. with a Buy rating and 5,450 yen price target. Demand for the products and services offered by healthtech companies in Japan is transitioning to "stable expansion" after the pandemic fueled more rapid growth, said Ueda, who expects "solid" sales and operating profit growth from M3.

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Published first on TheFly

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