Hyperfine price target raised to $2 from $1.50 at Lake Street

Lake Street raised the firm’s price target on Hyperfine (HYPR) to $2 from $1.50 and keeps a Buy rating on the shares after the company reported Q2 results and reiterated 2025 guidance for 10%-20% revenue growth. The firm believes a growth inflection supports multiple expansion, the analyst tells investors in a post-earnings note.