Baird Maintains Outperform on InMode, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jeff Johnson has maintained an Outperform rating on InMode (NASDAQ:INMD) and raised the price target from $53 to $61.
July 28, 2023 | 11:50 am
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Baird analyst Jeff Johnson has maintained an Outperform rating on InMode and raised the price target from $53 to $61. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by Baird indicates that they believe InMode will do better than the market average. Additionally, the increase in the price target from $53 to $61 suggests that they expect the stock's price to rise. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100