Paragon 28 shares are trading lower after the company reported Q3 financial results. Also, Needham maintained a Buy rating on the stock but lowered its price target from $24 to $14.
Portfolio Pulse from Benzinga Newsdesk
Paragon 28 reported Q3 financial results, leading to a drop in its share price. Needham maintained a Buy rating on the stock but lowered its price target from $24 to $14.
November 08, 2023 | 6:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Paragon 28's Q3 financial results led to a decrease in its share price. Needham has maintained a Buy rating but reduced its price target.
The Q3 financial results of Paragon 28 were not as expected, leading to a decrease in its share price. Needham's decision to maintain a Buy rating but lower the price target also indicates a potential short-term negative impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100