RadNet (RDNT) PT Raised to $75 at Jefferies

Jefferies analyst Brian Tanquilut raised the price target on RadNet (NASDAQ: RDNT) to $75.00 (from $61.00) while maintaining a Buy rating.

The analyst commented: "Investor discussions from our week-long Euro NDR validated our bullish views on RDNT, while also giving us greater appreciation for the drivers of sustained and accelerating growth, as well as optionalities around AI, cap deployment, and the upcoming upgrade of eRad. With core volume trends appearing to remain strong and tailwinds holding up, and with mgmt looking to deploy capital prudently, RDNT should see mid-teens growth, justifying a high teens valuation."

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