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InMode price target raised to $16 from $14 at Canaccord

Canaccord raised the firm’s price target on InMode (INMD) to $16 from $14 and keeps a Hold rating on the shares. The firm noted the announced preliminary Q3/25 results with revenues above estimates but which represented a decline from pro-form revenues in Q3 last year and a low single digit decline from the Q2.

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