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Fly News Breaks for September 13, 2018
PHG
Sep 13, 2018 | 07:21 EDT
Bernstein analyst Lisa Bedell Clive started Philips with an Outperform rating, saying the company is nearing completion of a long-term transition, as it has pivoted from its industrial roots to become a healthcare equipment and IT company. The analyst adds that in recent years, the R&D division has taken Philips' portfolio of medical equipment and home-based patient monitoring devices to the next level, with a focus on better inter-connectivity and the integration of data analytics, including the growing use of Artificial Intelligence.
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