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Bioventus shares surge 22.4% as Q4 results beat estimates, with JPMorgan upgrading its rating.
Medical device company Bioventus saw its shares rise by 22.4% in pre-market trading after reporting a narrower net loss and higher revenues for Q4, beating market estimates.
The company projects FY 2025 adjusted earnings per share of $0.64 to $0.68 and net sales of $560 million to $570 million, both above analyst expectations.
Additionally, JPMorgan raised Bioventus' rating to "neutral" and increased its price target to $13.00.
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Bioventus comparte un aumento del 22,4% a medida que los resultados del Q4 superan las estimaciones, con JPMorgan mejorando su calificación.