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Medacta Group upgraded to Buy from Neutral at UBS

UBS upgraded Medacta Group to Buy from Neutral with a price target of CHF 137, up from CHF 119. Medacta’s unique focus on niche segments has driven 3-5x orthopedic growth and this should continue in 2024-2024, warranting a 35%-40% premium to the sector, the analyst tells investors in a research note.

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