Citigroup Adjusts Price Target on ResMed to $340 From $345, Maintains Buy Rating

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Citigroup has adjusted its price target for ResMed (RMD) to $340, down from $345, while reiterating a “Buy” rating on the stock. The article, primarily a brief announcement, does not provide details on the reasons for the target price modification but confirms Citigroup’s sustained positive outlook for the company’s shares. ResMed specializes in medical devices and software for respiratory disorders.

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