Positive Trajectory and Growth Prospects: Buy Rating for 908 Devices
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TD Cowen analyst Brendan Smith has reiterated a Buy rating for 908 Devices, citing strong third-quarter performance and maintained revenue guidance for fiscal year 2025. The company's restructuring efforts and the successful launch of the VipIR product are expected to drive future growth. 908 Devices aims for positive adjusted EBITDA by Q4 2025 and cash flow breakeven by FY 2026, enhancing its attractiveness to investors.
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