Teleflex Incorporated shares are trading lower after after Needham downgraded the stock from Buy to Hold.
Portfolio Pulse from Benzinga Newsdesk
Teleflex Incorporated's shares are trading lower after Needham downgraded the stock from Buy to Hold.
June 21, 2023 | 2:23 pm
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Teleflex Incorporated's stock downgraded by Needham from Buy to Hold, causing shares to trade lower.
Teleflex Incorporated (TFX) is directly mentioned in the article, and the news of Needham downgrading the stock from Buy to Hold is likely to have a negative short-term impact on the stock price. Investors may perceive this downgrade as a sign of reduced growth potential or increased risk, leading to selling pressure and a lower stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100