Freedom Capital Markets Initiates Buy Ratings on BFLY, SERV, and IBOC with Target Prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2025
0mins
Source: Benzinga
- Butterfly Network Rating Upgrade: Freedom Capital Markets analyst Ilya Zubkov initiated coverage on Butterfly Network (NYSE:BFLY) with a Buy rating and a price target of $5, indicating a potential upside of 31% from its closing price of $3.82, reflecting optimistic market expectations for future growth.
- Serve Robotics Rating Upgrade: Analyst Dmitriy Pozdnyakov initiated coverage on Serve Robotics Inc. (NASDAQ:SERV) with a Buy rating and a price target of $16, representing a potential upside of approximately 58% from its Tuesday closing price of $10.10, indicating strong confidence in its technology and market prospects.
- International Bancshares Corporation Rating Upgrade: Analyst Amirlan Kalymbekov initiated coverage on International Bancshares Corporation (NASDAQ:IBOC) with a Buy rating and a price target of $85, suggesting a potential growth of about 27% from its current price of $66.91, reflecting a positive outlook on its financial health and market position.
- Analyst Rating Changes Overview: Freedom Capital Markets has issued Buy ratings for all three companies, indicating a general optimism about their future performance, which may attract more investor attention and potentially drive stock prices higher.
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Analyst Views on BFLY
Wall Street analysts forecast BFLY stock price to fall
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 7.680
Low
4.00
Averages
4.25
High
4.50
Current: 7.680
Low
4.00
Averages
4.25
High
4.50
About BFLY
Butterfly Network, Inc. is a healthcare company focused on medical imaging with its Ultrasound-on-Chip semiconductor technology and ultrasound software solutions. The Company's solution, leveraging its Ultrasound-on-Chip technology, enables the practical application of ultrasound information into the clinical workflow. Its product portfolio includes a combination of hardware and software, including Butterfly iQ3, Butterfly iQ+, Butterfly iQ+ Bladder, and Butterfly iQ+ Vet devices, software subscriptions, and professional services. It offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials as well as its ScanLab education-only app, formal education programs through its Butterfly Academy software and Butterfly Certified courses, as well as professional services for large scale deployments. Its devices are commercially available to trained healthcare practitioners in areas including, but not limited to, parts of Africa, Asia, and Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Transaction Price Analysis: The weighted average sale price was $4.74 per share, while the market close on June 8, 2026, was $4.78, suggesting Cashman sold at a relatively high point, potentially reflecting concerns about future stock price movements.
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- Investor Strategy Recommendation: Analysts advise investors to exercise patience when considering Butterfly Network stock, especially given the stable performance of its core ultrasound business, as the sustainability of recent licensing revenue remains to be seen amid the stock's recent price surge.
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- Technological Advantage: By successfully meeting Brazil's regulatory and certification requirements, Butterfly demonstrates the strength of its ultrasound technology, providing reliable solutions for clinicians in high-standard markets, thereby enhancing its competitive edge.
- Improved Accessibility: The introduction of these devices not only increases diagnostic capacity in high-volume hospitals and emergency settings but also improves healthcare access in underserved rural communities, enabling more patients to receive timely medical imaging.
- Global Footprint Expansion: The commercial launch in Brazil further extends Butterfly's global market presence, supporting its mission to increase access to its technology in key international markets and advance the democratization of medical imaging.
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