Barclays Maintains Overweight on InMode, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matt Miksic maintains an Overweight rating on InMode (NASDAQ:INMD) and raises the price target from $47 to $54.
August 01, 2023 | 10:30 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on InMode and raises the price target from $47 to $54, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for InMode. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100