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Fly News Breaks for November 6, 2019
INMD
Nov 6, 2019 | 09:03 EDT
Baird analyst Jeff Johnson raised his price target on InMode to $45 from $27 following Q3 results which included better than expected revenue and EBITDA. Management pointed to continued strong demand across its high-margin, differentiated RF platforms and good progress on the new product front. Johnson reiterated his Outperform rating on InMode shares.