LeMaitre price target raised to $100 from $77 at JMP Securities

JMP Securities analyst Daniel Stauder raised the firm’s price target on LeMaitre to $100 from $77 and keeps an Outperform rating on the shares. LeMaitre’s Q2 results delivered 12% organic sales growth and 44% year over year EPS growth, led by 600 basis points of operating margin expansion, the analyst tells investors in a research note. LeMaitre’s financial results have been impressively steady and are improving consistently, and the company has remained focused on driving its bottom line, generating increasing profits and cash flow each year, and JMP expects more of the same ahead.