H.C. Wainwright analyst Swayampakula Ramakanth raised the firm’s price target on EDAP TMS to $19 from $16 and keeps a Buy rating on the shares following the Q4 report. The analyst believes the company’s cash position can fund operations for the foreseeable future.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EDAP:
- EDAP TMS S.A.’s Global IP Challenge: Navigating the High Costs and Risks of Patent Protection
- EDAP TMS S.A. Announces Strong 2023 Financials
- EDAP TMS reports Q4 EPS (15c), consensus (5c)
- EDAP TMS S.A. (EDAP) Q4 Earnings Cheat Sheet
- EDAP to Announce Fourth Quarter and Full-Year 2023 Financial Results on March 27, 2024
