Chardan notes that Allurion has announced additional data evaluating the use of its Allurion Balloon in combination with patients be treated with GLP1 therapy, which the analyst calls “intriguing,” especially the increase in lean body mass. However, the firm believes a more rigorous randomized controlled study will be needed to further validate this finding. Chardan has a Neutral rating and $2.50 price target on Allurion shares.
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