Stifel lowered the firm’s price target on Artivion (AORT) to $30 from $33 and keeps a Buy rating on the shares after Q4 consensus sales projections “proved too high” after the December 9 cybersecurity breach announcement. While management also expects the cyber incident to somewhat impact Q1 performance, 2025 adjusted EBITDA guidance of $83M-$91M was above both Stifel and consensus projections at the mid-point, the analyst tells investors.
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Read More on AORT:
- Artivion’s Resilient Growth Outlook: Overcoming Cyber Challenges with Strategic Approvals and Strong Demand
- Artivion’s Resilient Growth Potential: Overcoming Cybersecurity Setbacks with Strong Fundamentals and New Developments
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- Closing Bell Movers: Hims & Hers down nearly 20% on earnings miss
- Artivion reports Q4 non-GAAP EPS 0c, consensus 4c
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