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Fly News Breaks for January 25, 2018
VAR
Jan 25, 2018 | 07:00 EDT
Goldman analyst Isaac Ro downgraded Varian Medical to Sell with a $98 price target saying shares offer poor risk/reward versus MedTech peers. The analyst contends competition is intensifying, new product cycle upside appears limited, end markets are less attractive, guidance is optimistic, and execution has been mixed.
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