RadNet shares are trading higher after the company reported better-than-expected Q2 revenue results. Also, Barclays raised its price target on the stock from $51 to $57.
Portfolio Pulse from Benzinga Newsdesk
RadNet shares are trading higher after the company reported better-than-expected Q2 revenue results. Additionally, Barclays raised its price target on the stock from $51 to $57.
August 08, 2024 | 2:18 pm
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RadNet shares are trading higher following the company's better-than-expected Q2 revenue results and a price target increase from Barclays.
The better-than-expected Q2 revenue results indicate strong financial performance, which is likely to boost investor confidence. Additionally, Barclays' price target increase from $51 to $57 suggests a positive outlook from analysts, further supporting a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100