Lake Street raised the firm’s price target on Alphatec (ATEC) to $25 from $18 and keeps a Buy rating on the shares following “another beat-and-raise quarter” in Q3. Alphatec will continue to gain as the only scaled player focused on spine, contends the analyst, who adds that “underlying metrics suggest the company’s strengths may well be growing.”
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATEC:
- Alphatec price target raised to $25 from $20 at Piper Sandler
- Balanced Outlook on Alphatec Holdings: Impressive Growth with Future Uncertainties
- Alphatec price target raised to $25 from $20 at Canaccord
- Alphatec Holdings: Strong Q3 Performance and Growth Prospects Reinforce Buy Rating
- Alphatec price target raised to $24 from $20 at H.C. Wainwright