Varex Imaging (VREX) PT Raised to $16 at B.Riley

B.Riley analyst Kyle Bauser raised the price target on Varex Imaging (NASDAQ: VREX) to $16.00 (from $12.00) while maintaining a Buy rating.

The analyst comments "• Reported F3Q25; strong performance includes top and bottom line beats and margin expansion. • China orders resumed in the back half of the quarter after a pause in trade tensions, which also resulted in a pause in anti-dumping investigations. • F4Q25 guidance established above consensus expectations, indicating favorable momentum under current tariff conditions, but potential for rising trade tensions remains a concern. • Raising PT from $12 to $16 on cautious optimism regarding tariff headwinds, based on an 8.0x EV/AEBITDA multiple applied to 2025E AEBITDA, $153M in cash, $368M in debt, and 42M diluted shares outstanding."

You May Also Be Interested In

• Fiserv (FISV) PT Lowered to $60 at Freedom Broker
• Phillips 66, Marathon Merger Talks Collapsed - Semafor
• Home Depot (HD) call put ratio 1.5 calls to 1 put with a focus on September 330 puts into quarter results