Ra Medical Systems (RMED) Misses Q1 EPS by 78c, Revenues Beat

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Ra Medical Systems Inc. (RMED) PT Lowered to $10 at Cantor Fitzgerald

May 14, 2019 7:45 AM EDT

Cantor Fitzgerald analyst Craig Bijou lowered the price target on Ra Medical Systems Inc. (NYSE: RMED) to $10.00 (from $11.00) while maintaining a Overweight rating. The changes reflect Cantor Fitzgerald's slightly lower 2020 sales estimates and a contraction in comparable-company valuation multiples.

1Q revenue was... More