Lake Street analyst Ben Haynor lowered the firm’s price target on Lifeward (LFWD) to $6 from $8.50 and keeps a Buy rating on the shares after Q3 results and 2024 revenue guidance both fell short of the firm’s model. Following the report, the firm cites lower estimates and a reduced multiple for its decreased target.
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Read More on LFWD:
- Lifeward reports Q3 adjusted EPS (45c) vs. (52c) last year
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