JP Morgan Maintains Overweight on RxSight, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Robbie Marcus has maintained an Overweight rating on RxSight (NASDAQ:RXST) and increased the price target from $40 to $62.

February 29, 2024 | 4:29 pm
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POSITIVE IMPACT
JP Morgan analyst Robbie Marcus has reaffirmed an Overweight rating on RxSight and raised the price target from $40 to $62.
The upgrade in price target by a reputable analyst like Robbie Marcus from JP Morgan is a strong positive signal for RxSight. It suggests a bullish outlook on the stock's future performance, likely due to underlying strengths or anticipated improvements in the company's operations or market position. This can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100