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Why Did Allurion Technologies Inc. (ALUR) Soar 35.59%?
Generated by AI AgentAinvest Movers Radar
Wednesday, May 14, 2025 4:11 am ET1min read
Allurion Technologies Inc. (ALUR) surged 35.59% in pre-market trading on May 14, 2025, marking a significant rise in its stock price.
Analysts have set a mean price target for
, Inc. (ALUR) that suggests a potential 374.7% upside in the stock. This optimistic outlook is driven by the company's recent breakthroughs in weight loss solutions, which have garnered considerable attention from investors.Allurion Technologies (ALUR) has seen a remarkable increase of 58%, pushing its stock price to $3.78. This surge followed the company's presentation of data on the
Balloon and AI-Powered Virtual Care Suite, which demonstrated significant weight loss results when combined with GLP-1s.Despite the recent surge, some analysts maintain a neutral rating on Allurion's stock. Chardan Capital Markets, for instance, has set a price target of $2.50, reflecting tempered expectations for the company's future performance. However, the overall sentiment remains positive, with analysts predicting a high average target price of $25.63 over the next year.
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