Accuray price target raised to $5 from $4 at BTIG

BTIG raised the firm’s price target on Accuray (ARAY) to $5 from $4 and keeps a Buy rating on the shares. The company’s Q4 sales beat was driven by $70.7M in Product revenue and the firm applauds Accuray’s ability to execute through a hectic final quarter in FY25, as shipments to China were essentially halted at the start of the quarter and then resumed in May with tariff rates easing, the analyst tells investors in a research note.