Morgan Stanley analyst Kallum Titchmarsh lowered the firm’s price target on Sight Sciences (SGHT) to $5 from $7 and keeps an Equal Weight rating on the shares. Along with Q3 results, Sight flagged some headwinds from both recent and historical reimbursement changes in the MIGS market, notes the firm, which pushed down its 2025 revenue estimate “slightly” as a result.
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Read More on SGHT:
- Sight Sciences price target lowered to $5.50 from $6 at Piper Sandler
- Sight Sciences Reports Modest Growth and Optimistic Outlook
- Sight Sciences backs FY24 revenue view, sees operating expenses down 4%-6%
- Sight Sciences reports Q3 EPS (22c), consensus (21c)
- Sight Sciences Reports Revenue Growth and Leadership Change