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On [insert date], Beta Bionics Inc (BBNX) shares surged past the average analyst 12-month target price of $25.40, trading at $26.79 per share. There are currently 10 analyst targets contributing to this average, with projections ranging from as low as $17.00 to as high as $30.00, and a standard deviation of $3.977.
As of now, there are 9 strong buy ratings and 2 hold ratings among analysts following BBNX. The average rating stands at 1.36 on a scale where 1 is a strong buy and 5 is a strong sell. This increase in share price prompts investors to reconsider whether the valuation is still on an upward trajectory or if it’s time to take profits.
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