Citi analyst Joanne Wuensch kept a Neutral rating on Establishment Labs (ESTA) with a $38 price target while adding an “upside 90-Day short-term view.” Establishment will host an investor meeting on June 12 and generally, stocks trade up into such events, even if it doesn’t “hold” the price appreciation afterwards as positioning normalizes, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESTA:
- Establishment Labs transferred with Buy rating at BTIG
- Buy Rating for Establishment Labs Holdings: Easing Trade Tensions and Product Launches Drive Growth Prospects
- Establishment Labs upgraded to Buy from Hold at Needham
- Establishment Labs’ Earnings Call: Mixed Sentiments and Optimistic Outlook
- Establishment Labs Reports Q1 2025 Financial Results