Lake Street analyst Frank Takkinen raised the firm’s price target on Inspire Medical to $350 from $305 and keeps a Buy rating on the shares. After the company reported Q2 results and management increased 2023 revenue guidance, Lake Street says that Inspire “continues to execute exceptionally well.” The firm thinks the company is “in the early innings of penetrating the uncontended $10B obstructive sleep apnea,” the analyst added.
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