TD Cowen analyst Oliver Chen lowered the firm’s price target on Beauty Health (SKIN) to $1.50 from $2 and keeps a Hold rating on the shares. The company updated its model to show negative revenue trends will persist but infrastructure is progressing.
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Read More on SKIN:
- Cautious Optimism Amidst Market Challenges: Beauty Health’s Hold Rating Explained
- Hold Rating for Beauty Health Amid Strong Sales and Macroeconomic Challenges
- Beauty Health price target lowered to $1.50 from $1.75 at Canaccord
- Cautious Hold on Beauty Health Amid Sales Guidance Shortfall and China Execution Risks
- BeautyHealth Reports 2024 Financial Results Amid Challenges
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