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Myomo price target raised to $11 from $9 at Craig-Hallum

Myomo price target raised to $11 from $9 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Myomo (MYO) to $11 from $9 and keeps a Buy rating on the shares following the company’s strong Q4 beat and guidance well above expectations. Revenue of $12.1M exceeded the Street’s $9.9M estimate. 2025 guidance of $50M-$53M is well ahead of the firm’s $44.9M and the Street’s $42.2M. Q1 guidance of $9.0M-$9.5M also beat the Street’s $7.9M, Craig-Hallum adds.

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