Maxim analyst Anthony Vendetti lowered the firm’s price target on Cutera to $55 from $80 and keeps a Buy rating on the shares. The analyst cites the company’s worse than expected FY22 revenue guidance, also noting that the economic environment may put pressure on capital equipment sales.
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Published first on TheFly
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Read More on CUTR:
- Cutera downgraded to Neutral from Overweight at Cantor Fitzgerald
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