Sight Sciences price target raised to $3 from $2.50 at Lake Street

Lake Street raised the firm’s price target on Sight Sciences (SGHT) to $3 from $2.50 and keeps a Hold rating on the shares. The firm, which believes Q1 highlights stabilization in the face of MIGS LCD pressures, continues to see potential for reacceleration in 2026 and thinks shares are likely trading near a trough multiple, but also believes broader payer progress on TearCare and normalized MIGS procedure volumes will be required to support growth acceleration.