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Teleflex price target raised to $128 from $123 at Truist

Truist analyst Richard Newitter raised the firm’s price target on Teleflex (TFX) to $128 from $123 and keeps a Hold rating on the shares. The company’s Q2 earnings and revenue beat was a step in the right direction, while the raised EPS guidance implies some improving operational performance amidst FX shifts, the analyst tells investors in a research note.

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