Barclays lowered the firm’s price target on InMode to $33 from $34 and keeps an Overweight rating on the shares. The analyst revised estimates and reduced the target in line with the company’s preliminary Q1 results and updated 2024 sales guidance.
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Read More on INMD:
- InMode lowers FY24 revenue view to $485M-$495M from $495M-$505M, consensus $499M
- InMode sees Q1 revenue $80.0M-$80.1M, consensus $102.21M
- InMode Ltd. Shareholders Elect Directors, Reject Proposals
- Class Action Suit against InMode Ltd. (INMD)
- InMode’s (NASDAQ:INMD) Recent Slide Makes it a Potential Gem for Long-Term Value Investors
