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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NNOX:
- Nano-X Imaging price target lowered to $15 from $23 at D. Boral Capital
- Nano-X Imaging Reports Q4 2024 Financial Results and Regulatory Milestones
- Nano-X Imaging reports Q4 non-GAAP EPS (17c) vs. (18c) last year
- Options Volatility and Implied Earnings Moves Today, March 31, 2025
- Options Volatility and Implied Earnings Moves This Week, March 31 – April 03, 2025