Cantor Fitzgerald Maintains Overweight on Sanara MedTech, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Ross Osborn has maintained an Overweight rating on Sanara MedTech (NASDAQ:SMTI) but reduced the price target from $59 to $49.

November 15, 2023 | 1:56 pm
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NEUTRAL IMPACT
Sanara MedTech's Overweight rating is maintained by Cantor Fitzgerald, but the price target is decreased from $59 to $49, indicating potential growth but with caution.
The maintenance of an Overweight rating suggests that Cantor Fitzgerald still sees Sanara MedTech as a good investment opportunity. However, the reduction in the price target could imply a reassessment of the company's growth prospects or market conditions, potentially leading to a neutral short-term impact on the stock price as investors digest the mixed signals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100