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Sector Update: Healthcare

MT Newswires Live04:22

Healthcare stocks declined late Wednesday afternoon, with the NYSE Healthcare Index decreasing 0.5% and the State Street Health Care Select Sector SPDR ETF (XLV) down 0.1%.

The iShares Biotechnology ETF (IBB) added 0.2%.

In corporate news, Alpha Tau Medical (DRTS) shares rose 2.5% after Piper Sandler upgraded the stock to overweight from neutral with a price target of $22 per share.

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