BofA lowered the firm’s price target on Integra LifeSciences to $42 from $45 and keeps an Underperform rating on the shares following the Q4 revenue and EPS miss compared to the Street and 2024 guidance that came in below consensus. The Boston relaunch appears on track, but the pending retirement of the CEO “adds another potential distraction,” says the firm, which sees risk to Integra’s expected steep revenue growth ramp.
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