Truist Securities Maintains Hold on Fresenius Medical Care, Lowers Price Target to $24
Truist Securities analyst David Macdonald maintains Fresenius Medical Care (NYSE:FMS) with a Hold and lowers the price target from $25 to $24.
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Fresenius Medical Care Adjusts China Commercial Strategy To Support Long-Term Growth And Strengthen Market Position Through More Localized Portfolio, Increased Commercialization Of Local Innovation And Focused Go-To-Market Plans
Fresenius Medical Care has operated in China for more than two decades. The market represents approximately 6-7% of the Company's Care Enablement operating segment revenues and offers long-term growth opportunities
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Fresenius Medical Care shares are trading lower after the company announced that Shervin Korangy will replace Helen Giza as the company's CEO on October 12.
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