Baird raised the firm’s price target on Inari Medical (NARI) to $67 from $66 and keeps an Outperform rating on the shares. The firm estimates the company delivered mid-to-high-teens US VTE growth, which suggests the company is holding share better than some expected and Baird continues to argue for more sustainable multiple expansion as “bearish” debates seem to hold less ground.
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Read More on NARI:
- Inari Medical price target raised to $52 from $50 at Piper Sandler
- Inari Medical raises FY24 revenue view to $601.5M-$604.5M from $594.5M-$604.5M
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- NARI Earnings this Week: How Will it Perform?
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