LeMaitre price target raised to $77 from $72 at JMP Securities

JMP Securities raised the firm’s price target on LeMaitre to $77 from $72 and keeps an Outperform rating on the shares. LaMaitre’s first quarter of the year continued the momentum seen in 2023, highlighted by top- and bottom-line beats and raises accompanied by impressive margin expansion expectations for the year ahead, the analyst tells investors in a research note. Financial results have been impressively steady, and while a hyper-growth profile has not been the primary end goal of the company, LeMaitre is about consistency, the firm says.