Cantor Fitzgerald analyst Ross Osborn lowered the firm’s price target on Nyxoah to $11 from $12 and keeps an Overweight rating on the shares following the Q2 results. The firm now forecasts CY23 revenue growth of 55%, down from 70%, as the company drives further penetration in Germany, although at a slower pace, and expands into new markets, the analyst tells investors in a research note.
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