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MiMedx price target lowered to $13 from $14 at Craig-Hallum

Craig-Hallum lowered the firm’s price target on MiMedx (MDXG) to $13 from $14 and keeps a Buy rating on the shares following quarterly results. The company reiterated its 2025 guidance for high-single digit revenue growth and over 20% EBITDA margins, despite the LCD delay, the firm notes. Q1 revenue and EBITDA were in-line to slightly ahead of expectations.

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