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Merit Medical price target raised to $99 from $93 at Canaccord

Canaccord raised the firm’s price target on Merit Medical (MMSI) to $99 from $93 and keeps a Buy rating on the shares. The firm said they continue to be bullish on the Med-Tech sector heading into 2026. They point to strong underlying demand from an aging population, a focus on acute healthcare needs, the healthy pace of M&A, and a market that is receptive to IPOs as the foundation for our belief in our positive outlook in the upcoming year.

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