RadNet price target lowered to $80 from $100 at Jefferies

Jefferies lowered the firm’s price target on RadNet (RDNT) to $80 from $100 and keeps a Buy rating on the shares after having hosted CFO Mark Stolper and Chief Science Officer Greg Sorensen this week for a dinner. The company said it has not seen impact from the LA fires, management “remains excited about 2025 and 2026,” are expecting continued core strength and successes in digital segment, and are maintaining valuation discipline, while looking to deploy capital toward M&A, the analyst tells investors in a recap of the management meetings.