Cantor Fitzgerald tells investors in a research note that NeuroPace (NPCE) remains the firm’s best idea for 2025 and represents an attractive entry point with shares down 23% from their year-to-date high of $14.69. NeuroPace is set up well to exceed expectations as the company drives further adoption and utilization in existing Level 4 comprehensive epilepsy centers, and PROJECT CARE, a program designed to expand access to the RNS System outside of Level 4 comprehensive epilepsy centers, should lead to incremental growth as new centers serve as a referral point to CECs in addition to being a new site for implants, the firm says. Cantor has an Overweight rating and $20 price target on the shares.
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Read More on NPCE:
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- NeuroPace, Inc. Reports Strong 2024 Growth Despite Challenges
- NeuroPace: Strong Financial Performance and Growth Prospects Justify Buy Rating
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- NeuroPace reports Q4 EPS (18c), consensus (22c)
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