JP Morgan Maintains Overweight on Establishment Labs Hldgs, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Allen Gong maintains an Overweight rating on Establishment Labs Holdings (NASDAQ:ESTA) but lowers the price target from $61 to $50.

August 07, 2024 | 6:08 pm
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JP Morgan analyst Allen Gong maintains an Overweight rating on Establishment Labs Holdings (NASDAQ:ESTA) but lowers the price target from $61 to $50.
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 80
RELEVANCE 100