Canaccord analyst Kyle Rose lowered the firm’s price target on Paragon 28 to $14 from $25 and keeps a Buy rating on the shares. The firm said they saw solid results in the face of supply challenges and tough comps, posting 15% growth this quarter.
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Read More on FNA:
- Paragon 28 backs FY23 revenue view of $214M-$218M, consensus $217.4M
- Paragon 28 reports Q3 adjusted EBITDA ($1.2M) vs. ($2.7M) last year
- Paragon 28 price target lowered to $28 from $32 at B. Riley
- Paragon 28 price target lowered to $12 from $25 at BofA
- Paragon 28 initiated with an Outperform at William Blair