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Sight Sciences price target lowered to $1.80 from $4 at Citi

Citi analyst Joanne Wuensch lowered the firm’s price target on Sight Sciences to $1.80 from $4 and keeps a Neutral rating on the shares after the company reported Q4 results and withdrew 2023 guidance. The firm updated its model to incorporate increased reimbursement uncertainty, with the model now assuming the other four CMS MACs will follow WPS and find Omni investigational.

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