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Fly News Breaks for January 24, 2017
RMD
Jan 24, 2017 | 07:55 EDT
JPMorgan analyst David Low upgraded ResMed and raised his price target for the shares to $72 from $63.50. The analyst expects a "period of strong growth" following yesterday's Q2 results. ResMed is "on the cusp of a return to double-digit growth following the successful launch of its new masks," Low tells investors in a post-earnings research note.
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