Truist analyst Samuel Brodovsky lowered the firm’s price target on OrthoPediatrics to $51 from $57 but keeps a Buy rating on the shares. The company’s Q2 results were “solid” and there’s is room for upside from the unchanged guidance, the analyst tells investors in a research note. The stock is at an attractive entry point into what the firm sees as a 20% grower at a time when expectations are low, Truist added.
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Read More on KIDS:
- OrthoPediatrics sees FY23 revenue $148M-$151M, consensus $149.28M
- OrthoPediatrics reports Q2 EPS (19c), consensus (22c)
- OrthoPediatrics Corp. Reports Second Quarter 2023 Financial Results
- Is KIDS a Buy, Before Earnings?
- OrthoPediatrics Corp. to Report Second Quarter 2023 Financial Results on August 1, 2023