RxSight cut to hold at Stifel on competition concerns

Wall Street New York City

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  • RxSight (NASDAQ:RXST), a maker of light-adjustable intraocular lenses, traded lower on Friday after Stifel downgraded the company to Hold from Buy, citing concerns over its market competition.
  • Citing a survey of LAL-trained surgeons, analyst Thomas Stephan pointed to a worse-than-feared competition

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