Needham Maintains Buy on RxSight, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Needham analyst David Saxon maintains a Buy rating on RxSight (NASDAQ:RXST) but lowers the price target from $75 to $54.
August 06, 2024 | 10:10 am
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NEUTRAL IMPACT
Needham analyst David Saxon maintains a Buy rating on RxSight but lowers the price target from $75 to $54.
The Buy rating suggests continued confidence in RxSight's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100