Establishment Labs Inc. (ESTA) PT Raised to $90 at Jefferies

July 30, 2021 8:07 AM EDT
Get Alerts ESTA Hot Sheet
Price: $70.87 +0.48%

Rating Summary:
    6 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 8 | New: 46
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Jefferies analyst Raj Denhoy raised the price target on Establishment Labs Inc. (NASDAQ: ESTA) to $90.00 (from $85.00) while maintaining a Buy rating.

The analyst commented, "ESTA posted a $2.2mn/$0.06 beat, in line with their recent pre- announcement as COVID headwinds ease and procedure volumes continue to recover. Guidance was ticked up as procedure volumes improve and product launches grow near, all while keeping a watchful eye on COVID variants. Product launches and geographic expansion support sustainable +30% top line growth and a path to $120. We raise our PT to $90 (prior $85) and remain at Buy."

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

Jefferies & Co