Canaccord keeps Alphatec at Buy but cuts price target to $16 from $19
Canaccord Genuity kept its Buy rating on Alphatec Holdings and lowered its price target to $16 from $19, according to TradingView data.
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what happened
Canaccord Genuity kept its Buy rating on Alphatec Holdings and cut its price target to $16 from $19, a reduction of 15.8%. According to TradingView, the new target implies an upside of 127.3% from the October 30 close of $7.04.
Meanwhile, the four most recent analyst notes on Alphatec over the past 30 days put price targets between $10 and $15. JP Morgan, TD Cowen, Wells Fargo and Needham all published their views on October 30. The data is provided by Benzinga.
why it matters
The revision reflects the view of a single brokerage and does not change the company's fundamentals. The spread of targets from $10 to $16 shows that analysts disagree on the stock, so notes like this are usually read as a gauge of sentiment rather than a standalone driver of the share price.
tags
instruments
sources
- Canaccord Genuity maintains Alphatec Holdings at Buy, lowers price target to $16 from $19 — TradingView, 31 October 2026 at 00:27 UTC
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- Canaccord Genuity maintains Beachbody Co at Buy, lowers price target to $16 from $19 — TradingView, 31 October 2026 at 00:39 UTC
- Canaccord Genuity maintains Peloton Interactive at Buy, lowers price target to $8 from $10 — TradingView, 31 October 2026 at 00:46 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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