AVITA Medical, Inc. (RCEL) Misses Q1 EPS by 41c

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BofA Securities Reiterates Buy Rating on Avita Medical Ltd. (RCEL)

May 14, 2024 8:48 AM EDT

BofA Securities analyst Lyanne Harrison reiterated a Buy rating and $21.00 price target on Avita Medical Ltd. (NASDAQ: RCEL).

The analyst comments "We reiterate our Buy; PO unchanged at US$21/A$6. We expect AVITA will gain momentum as the year progresses, driven by short term... More