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Morgan Stanley Sticks to Its Hold Rating for Airsculpt Technologies, Inc. (AIRS)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Airsculpt Technologies, Inc. (AIRSResearch Report), with a price target of $7.00. The company’s shares opened today at $2.76.

Gutman covers the Consumer Goods sector, focusing on stocks such as O’Reilly Auto, Walmart, and Costco. According to TipRanks, Gutman has an average return of 0.7% and a 58.46% success rate on recommended stocks.

In addition to Morgan Stanley, Airsculpt Technologies, Inc. also received a Hold from Piper Sandler’s Korinne Wolfmeyer in a report issued on November 11. However, yesterday, Raymond James maintained a Buy rating on Airsculpt Technologies, Inc. (NASDAQ: AIRS).

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Based on Airsculpt Technologies, Inc.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $49.65 million and a net profit of $583 thousand. In comparison, last year the company earned a revenue of $34.97 million and had a net profit of $10.03 million

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AirSculpt Technologies Inc is a provider of body contouring procedures delivering a premium consumer experience. It provides a custom body contouring using proprietary AirSculpt method that removes unwanted fat in a minimally invasive procedure, producing dramatic results. Its mission is to generate the best results for patients.

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