Wells Fargo raised the firm’s price target on Kestra Medical (KMTS) to $28 from $27 and keeps an Overweight rating on the shares. The firm notes the company reported Q2 sales in-line with its pre-announcement and raised FY26 sales guidance above the Q2 beat. Management highlighted an acceleration in WCD market growth, share capture, and improvement in in-network mix and RCM as driving its outlook.
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Read More on KMTS:
- Kestra Medical price target raised to $30 from $27 at Piper Sandler
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- Kestra Medical reports Q2 EPS (64c), consensus (57c)
- Kestra Medical raises FY26 revenue view to $91M from $88M, consensus $88.02M
