Stifel lowered the firm’s price target on RxSight (RXST) to $9 from $17 and keeps a Hold rating on the shares. The firm’s Light Adjustable Lens consignment inventory analysis shows normal customer inventory levels at the end of 1Q25, despite unexpected March LAL softness, the analyst tells investors in a research note.
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Read More on RXST:
- RxSight downgraded to Neutral from Buy at BTIG
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- RxSight downgraded to Equal Weight from Overweight at Wells Fargo
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- RxSight cuts FY25 revenue view to $120M-$130M from $160M-$175M
