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Stereotaxis price target raised to $4 from $3 at Lake Street
The Fly

Stereotaxis price target raised to $4 from $3 at Lake Street

Lake Street raised the firm’s price target on Stereotaxis to $4 from $3 and keeps a Buy rating on the shares. While calling the company’s Q4 report “mixed,” the firm thinks the value of positive regulatory achievements and expected new product launches in 2024 will outweigh the miss due to system revenue recognition variability.

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