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Waystar price target lowered to $42 from $50 at Barclays

Barclays analyst Glen Santangelo lowered the firm’s price target on Waystar (WAY) to $42 from $50 and keeps an Overweight rating on the shares following a transfer of coverage. The firm also started the U.S healthcare technology and distribution industry with a neutral view. Barclays is most bullish on the drug distributors and has a more mixed view of the dental and healthcare information technology sub-sectors.

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