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Nutex Health price target raised to $300 from $150 at Benchmark

Benchmark raised the firm’s price target on Nutex Health (NUTX) to $300 from $150 and keeps a Buy rating on the shares based on “another big beat” in Q1 and positive updates to the firm’s model. Based on greater visibility into the sustainability of rate arbitration success realization, the firm is “significantly lifting” its FY25 and FY26 outlooks for revenue, adjusted EBITDA and GAAP EPS, the analyst tells investors, adding that Nutex remains a “Benchmark Best Idea.”

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