TD Cowen analyst Oliver Chen raised the firm’s price target on Beauty Health (SKIN) to $2.50 from $2 and keeps a Hold rating on the shares. The firm believes the CEO’s reset is working on managing device sales (30%) churn and fostering consumables innovation (70%), along with deeper provider engagement in its 35k installed base.
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Read More on SKIN:
- Beauty Health: Strategic Reset Amidst Challenges Justifies Hold Rating
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- Beauty Health Co. Earnings Call Highlights Strong Performance
