Goldman Sachs Initiates Baxter International With Buy - Baxter Intl (NYSE:BAX)

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Analysts at Goldman Sachs initiated coverage on

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Baxter International Inc

(NYSE: BAX) with a Buy rating.The target price for Baxter International is set to $45.Baxter International shares have dropped 4.40 percent over the past 52 weeks, while the S&P 500 index has surged 8.40 percent in the same period.Baxter International shares rose 0.03 percent to close at $70.69 yesterday.