William Blair analyst Margaret Kaczor earlier today upgraded Cutera to Market Perform from Underperform following the company’s Q4 report. While the company reported another difficult quarter for growth, the “worst should be behind” with management putting the right strategic pieces to reaccelerate sales in the second half of 2024 after four quarters of declines, the analyst tells investors in a research note. The firm believes the right business model for AviClear should drive practice success and ultimately greater demand for the system, which has significant long-term potential.
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