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The FDA clearance strengthens BDX's product offerings, potentially increasing market share. Historical examples show similar FDA approvals often boost stock performance temporarily.
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FDA grants clearance for BDX's new breast biopsy system. The system improves biopsy procedures across multiple imaging modalities. Market cap is $59.10 billion with a 52-week range of $162.29-$251.99. Analysts project EPS of $2.82, down from $3.43 last year. Consensus rating is 'Buy' with a target price of $245.93.
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