Shares close mixed, Nvidia's 3% rise offsets debt ceiling jitters

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Analysts bullish on medtech due to strong fundamentals

May 30, 2023 11:13 AM EDT

Both Morgan Stanley and BofA released bullish notes regarding medical technology on Tuesday.

At BofA, analyst Travis Steed told investors that medtech stocks are on sale, while the fundamentals are the best in three years, and that he sees the sector as ownable.

"Medtech sold off post Q1 as investors realized... More