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Zimmer Biomet price target lowered to $92 from $98 at Truist

Truist lowered the firm’s price target on Zimmer Biomet (ZBH) to $92 from $98 and keeps a Hold rating on the shares. The company delivered 2.9% organic revenue growth in its Q1 earnings beat, but this was shy of buy-side expectations, the analyst tells investors in a research note.

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