TransMedics Group (NASDAQ:TMDX) Given New $124.00 Price Target at Canaccord Genuity Group

Market Beat
2026.05.06 23:16
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Canaccord Genuity Group has lowered its price target for TransMedics Group (NASDAQ:TMDX) from $152.00 to $124.00 while maintaining a "buy" rating. This new target suggests a potential upside of 70.05% from the current price. Other analysts have also adjusted their ratings, with some lowering targets and others maintaining or changing their ratings. The stock recently traded at $72.92, with a market cap of $2.52 billion. The company reported a revenue of $173.93 million for the last quarter, missing estimates slightly.