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0.000620347394540819 0.000155086848635315 0.000620347394540819 0.000620347394540819 -0.00217121588089331 -0.00403225806451621 -0.00449751861042193 -0.0018610421836229
Stock impact report

Citizens Lowers MiMedx Group, Inc. (MDXG) Valuation to $7 Amid Sluggish Recovery Trends [Yahoo! Finance]

Citizens Financial Group, Inc. (CFG) 
Last citizens financial group, inc. earnings: 4/17 06:37 am Check Earnings Report
Company Research Source: Yahoo! Finance
TheFly reported on April 20 that Citizens Financial Group lowered its price target on MDXG from $10 to $7 while maintaining an Outperform rating. The update noted that the company is pursuing significant expense reductions expected to cut annual operating costs by roughly $40 million. However, near-term performance remains under pressure due to slow recovery trends and ongoing reimbursement-related challenges in the wound care market, which continue to weigh on revenue growth. Despite these headwinds, the firm maintained a positive longer-term view, citing MDXG's strong clinical evidence base, established operational network, and adaptability across evolving care environments. Earlier on April 16, MiMedx Group, Inc. (NASDAQ:MDXG) announced a restructuring program aimed at lowering operating costs and focusing resources on growth priorities. The initiative is designed to streamline operations and improve efficiency across the business. As part of the changes, the company eliminated Show less Read more
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