InMode (NASDAQ:INMD) Shares Gap Down - Here's Why

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InMode (NASDAQ:INMD) shares gapped down following a prior closing price of $15.22, opening at $14.11, and last trading around $14.01. The company’s recent earnings reported $0.46 EPS, beating consensus estimates, but revenue slightly missed expectations. Despite a consensus “Hold” rating from analysts with an average target price of $16.80, the stock has seen varied analyst adjustments, including a recent price target cut by UBS Group.

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