Piper Sandler analyst Matt O’Brien raised the firm’s price target on Procept BioRobotics (PRCT) to $35 from $28 and keeps an Overweight rating on the shares. The firm notes the company reported Q1 results that beat on the top-line and reiterated full year guidance across all key metrics. The quarter was highlighted by strong domestic capital placements with impressive all-time high ASPs. Consequently, the stock was trading up more than 10% after hours.
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