Truist raised the firm’s price target on RadNet (RDNT) to $81 from $74 and keeps a Buy rating on the shares. The firm is bullish on the stock following its upbeat management meetings that highlighted robust core imaging center demand trends alongside a wide range of areas of opportunity for the company, supported by ongoing brisk investment in Digital Health, the analyst tells investors in a research note. RadNet is also well positioned to augment core trends via opportunistic M&A, Truist added.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDNT:
