JPMorgan assumed coverage of Treace Medical (TMCI) with a Neutral rating and $8 price target While believers in the company’s Lapiplasty value proposition, the firm thinks Treace has more work to do to restore growth and investor confidence in the long-term outlook.
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Read More on TMCI:
- Treace announces first surgical cases utilizing SpeedPlate MicroQuad Implant
- Treace announces cases using RedPoint Intelliguide PSI with Adductoplasty
- Treace Medical announces Guy Guglielmino as chief commercial officer
- Treace Medical assumed with an Equal Weight at Morgan Stanley
- Treace Medical price target raised to $8 from $7 at Stifel