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Fly News Breaks for March 4, 2020
BAX
Mar 4, 2020 | 16:27 EDT
Citi analyst Joanne Wuensch initiated coverage of Baxter International with a Neutral rating and $94 price target. While the company's pipeline is promising and cash flow generation "has been excellent," its uneven execution, the ongoing financial restatement process, and valuation warrants being on the sidelines, says the analyst.
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