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Earnings Release: Here's Why Analysts Cut Their Spectral AI, Inc. (NASDAQ:MDAI) Price Target To US$5.35

By Yahoo! Finance   |   Aug 15, 2024 at 08:21 AM EST
Earnings Release: Here's Why Analysts Cut Their Spectral AI, Inc. (NASDAQ:MDAI) Price Target To US$5.35

Spectral AI, Inc. (NASDAQ:MDAI) saw a 12% surge in shares following its second-quarter results. Analysts forecast a 30% revenue increase for 2024, but with ongoing losses, the average price target decreased by 14% to US$5.

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