InMode Reports First Quarter 2024 Financial Results; Quarterly Revenue of $80.3M Represents 24% Year-Over-Year Decrease; Pro Forma Revenue (including new platform pre-orders not yet available) of $96M

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Go back to InMode Reports First Quarter 2024 Financial Results; Quarterly Revenue of $80.3M Represents 24% Year-Over-Year Decrease; Pro Forma Revenue (including new platform pre-orders not yet available) of $96M

InMode Ltd. (INMD) PT Lowered to $20 at UBS

May 3, 2024 7:06 AM EDT

UBS analyst Danielle Antalffy lowered the price target on InMode Ltd. (NASDAQ: INMD) to $20.00 (from $26.00) while maintaining a Neutral rating.

The analyst comments "While there were few surprises to what was a preannounced top-line miss, the large operating margin miss (27.5% vs. us and consensus at... More