Citi lowered the firm’s price target on Pulmonx (LUNG) to $4.15 from $6.50 and keeps a Neutral rating on the shares. The firm updated models in medical technology following the Q1 reports. The good news is that underlying sector fundamentals appear intact, including volumes, pricing, and capex, the analyst tells investors in a research note.
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Read More on LUNG:
- Pulmonx Corporation’s Earnings Call Highlights Growth and Challenges
- Pulmonx price target lowered to $9 from $10 at Piper Sandler
- Pulmonx price target lowered to $15 from $16 at Canaccord
- Pulmonx Positioned for Sustained Growth with Strong Q1 Performance and Strategic Initiatives
- Pulmonx Corporation Reports Strong Q1 2025 Results
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