Barclays Maintains Overweight on InMode, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matt Miksic maintains an Overweight rating on InMode (NASDAQ:INMD) but lowers the price target from $33 to $29.
July 15, 2024 | 12:58 pm
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NEUTRAL IMPACT
Barclays analyst Matt Miksic maintains an Overweight rating on InMode but lowers the price target from $33 to $29.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100