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Iridex price target lowered to $2.75 from $3 at Alliance Global

Alliance Global lowered the firm’s price target on Iridex (IRIX) to $2.75 from $3 and keeps a Buy rating on the shares. The firm views the company’s Q4 report as inline. It cites Iridex’s “flattish” 2026 outlook for the target trim.

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