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Actionable news in BAX: BAXTER INTERNATIONAL Inc,

Baxter International Climbs On BMO Upgrade

Baxter International (BAX) is higher Tuesday, following an upgrade from BMO Capital Markets.

Analyst JoanneWuensch and her team boosted their rating on the stock to Outperform from Market Perform, and increased their price target to $70 from $55.

Wuensch writes that she had been on the sidelines because of valuation and her desire to take a "wait-and-see" approach to news about M&A, but she believes that that now seems like a poor idea, given that she (and others) believe that the company will deliver a strong second quarter and raise its full-year...