Nano-X Imaging price target lowered to $9 from $11 at Alliance Global Partners

Alliance Global Partners analyst Scott Henry lowered the firm’s price target on Nano-X Imaging (NNOX) to $9 from $11 and keeps a Buy rating on the shares following the Q4 report. The firm cites reduced near-term expectations and additional equity dilution for the target cut. The company in Q4 achieved key milestones of wider indication approval and CE Mark for the Nanox.ARC that should benefit long-term growth, the analyst tells investors in a research note. Alliance expects increasing revenue growth and adoption in the second half of 2025.

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