Piper Sandler Reiterates Neutral on Cutera, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt O'Brien has reiterated a Neutral rating on Cutera (NASDAQ:CUTR) and lowered the price target from $3 to $1.
August 09, 2024 | 2:07 pm
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NEGATIVE IMPACT
Piper Sandler has reiterated a Neutral rating on Cutera and significantly lowered the price target from $3 to $1.
The significant reduction in the price target from $3 to $1 by Piper Sandler suggests a negative outlook on Cutera's stock performance. This is likely to result in a short-term decline in the stock price as investors react to the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100