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Sanuwave Health price target raised to $54 from $49 at Roth Capital

Roth Capital raised the firm’s price target on Sanuwave Health (SNWV) to $54 from $49 and keeps a Buy rating on the shares after the company reported “strong” Q2 results and reiterated its FY25 revenue forecast of $48M-$50M. The firm’s new $15.2M FY25 AEBITDA estimate is up from $14.2M previously, the analyst noted.

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