InMode Ltd. (NASDAQ:INMD) Given Average Recommendation of "Hold" by Brokerages

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Nine brokerages have issued a consensus “Hold” rating for InMode Ltd. (NASDAQ:INMD), with an average 1-year price target of $16.80. Recent institutional activity shows increased holdings by hedge funds and institutions, with Goldman Sachs significantly growing its stake. The company recently beat EPS estimates but slightly missed revenue targets, trading at a P/E ratio around 10.6.

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