Canaccord Genuity Maintains Buy on InMode, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kyle Rose maintains a 'Buy' rating on InMode (NASDAQ:INMD) and raises the price target from $47 to $55.
July 28, 2023 | 2:05 pm
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Canaccord Genuity maintains a 'Buy' rating on InMode and raises the price target from $47 to $55. This could potentially lead to an increase in the stock's price.
The raised price target by Canaccord Genuity indicates a positive outlook for InMode. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, an increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100