Venus Concept price target lowered to $2.20 from $3.25 at Ladenburg

Ladenburg lowered the firm’s price target on Venus Concept to $2.20 from $3.25 and keeps a Buy rating on the shares post the Q4 results. The company has completed its strategic review and has begun implementing cost-saving restructuring activities, the analyst tells investors in a research note. The firm dropped the price target to reflect a lower anticipated revenue trajectory.