Jefferies analyst Matthew Taylor raised the price target on Shoulder Innovations (NYSE: SI) to $21.00 (from $20.00) while maintaining a Buy rating.

The analyst commented, "SI reported 4Q sales of $14.4MM (+65% y/y) above cons $12.8MM, incl implant growth of +62% fueled by ongoing utilization and new surgeon growth, with ASPs remaining healthy. FY26 guide calls for $62-65MM (+34% @ MP) ahead of cons $59MM with ongoing commercial & R&D investment, incl a portable robotic platform. Net-net, we're encouraged by SI's momentum, growing its surgeon base & utilization, along with an expanding portfolio. Reit. Buy; increasing #s and PT. "