Electrocore’s Strong Financial Performance and Strategic Growth Initiatives Justify Buy Rating
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Analyst Anthony Vendetti from Maxim Group has maintained a Buy rating on Electrocore, with a price target of $12.00, citing strong financial performance and strategic growth initiatives. The company exceeded revenue expectations for Q3 2025 and raised its revenue guidance. Electrocore's expansion in VA/DoD facilities and a diversified product portfolio, including gammaCore and Quell Fibromyalgia, are expected to drive growth. Management anticipates positive adjusted EBITDA in H2 2026 and cash-flow break-even by 2027, supporting the Buy rating. H.C. Wainwright also reiterated a Buy rating with a $25.00 price target.
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