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Stock impact report

Why Is RadNet (RDNT) Stock Rocketing Higher Today [Yahoo! Finance]

RadNet, Inc. (RDNT) 
Last radnet, inc. earnings: 3/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: radnet.com/about-radnet/investor-relations
Company Research Source: Yahoo! Finance
The analyst's decision signaled continued confidence in the company's prospects. This endorsement likely reassured investors, as the $95 price target suggested a notable potential upside from its trading price of $71.24 at the time of the report. Is now the time to buy RadNet? Access our full analysis report here RadNet's shares are somewhat volatile and have had 13 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 3 days ago when the stock dropped 4% on the news that short-seller Hunterbrook Capital released a critical report questioning the medical imaging company's artificial intelligence (AI) business and growth metrics. The report claimed that RadNet's AI division, a key driver of investor enthusiasm, accounted for less than 5% of the company's revenue. Hunterbrook's analysis a Show less Read more
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