JMP Securities lowered the firm’s price target on OrthoPediatrics to $50 from $60 and keeps an Outperform rating on the shares. Top-line results were just shy of consensus estimates, and while management highlighted that some headwinds persisted in the children’s hospital environment, it noted some improvement in the overall landscape, and the company continues to drive revenue, primarily through market share gains, the analyst tells investors in a research note.
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