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Pulse Biosciences initiated with an Outperform at Oppenheimer

Oppenheimer analyst Suraj Kalia initiated coverage of Pulse Biosciences (PLSE) with an Outperform rating and $22 price target The company has developed nanosecond pulsed field ablation technology and preliminary evidence suggests a better safety and efficacy profile versus traditional treatments in key applications like thyroid ablation, the analyst tells investors in a research note. The firm says Pulse has multiple shots on goal and an experienced CEO.

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