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OptimizeRx price target lowered to $15 from $17 at Lake Street

Lake Street lowered the firm’s price target on OptimizeRx to $15 from $17 and keeps a Buy rating on the shares. Optimize “experienced a speed bump in Q2,” but the firm is confident the company can meet its 2024 guidance, says the analyst, who lowered the firm’s price target to reflect a trimmed revenue estimate and back half skewing.

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