Baird raised the firm’s price target on InMode to $61 from $53 and keeps an Outperform rating on the shares. The firm said with the company’s pipeline full and macro data-points holding in nicely, they continue to view risk/reward favorably for this stock despite its recent run.
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Read More on INMD:
- InMode sees FY23 non-GAAP EPS $2.62-$2.66, consensus $2.63
- InMode reports Q2 non-GAAP EPS 72c, consensus 64c
- InMode Reports Second Quarter 2023 Financial Results; Record Quarterly Revenue of $136.1M Represents 20% Year-Over-Year Growth
- InMode Expands Women’s Health and Wellness Market Footprint through Acquisition of Viveve Patents
- InMode Stock (NASDAQ:INMD): Still Reasonably Priced Even after Going Vertical
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