Lucid Capital Markets Starts EDAP TMS S.A. (EDAP) at Buy

Lucid Capital Markets initiates coverage on EDAP TMS S.A. (NASDAQ: EDAP) with a Buy rating and a price target of $10.00.

The analyst commented: "We initiate FOCL at BUY with a $10 price target. Here’s the setup: FOCL has a novel system, a high quality Level 1 comparative HIFU dataset, an established CPT 55880 reimbursement pathway, strong HIFU instrument/procedure growth, and a clean post-rebrand story, against a market that is still pricing the stock as the legacy EDAP."

For an analyst ratings summary and ratings history on EDAP TMS S.A. click here. For more ratings news on EDAP TMS S.A. click here.

Shares of EDAP TMS S.A. closed at $4.32 yesterday.

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