Stephens & Co. Maintains Overweight on Cutera, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst George Sellers maintains an Overweight rating on Cutera (NASDAQ:CUTR) but lowers the price target from $10 to $5.
August 09, 2024 | 4:52 pm
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NEGATIVE IMPACT
Stephens & Co. analyst George Sellers maintains an Overweight rating on Cutera but lowers the price target from $10 to $5.
The lowered price target from $10 to $5 suggests a negative outlook on Cutera's short-term performance despite the maintained Overweight rating. This could lead to a decline in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100