Analyst Upgrades Sotera Health Shares To Overweight, Cites Strong Revenue Growth Outlook
Portfolio Pulse from Nabaparna Bhattacharya
KeyBanc Capital Markets analyst Matthew Mishan upgraded Sotera Health Company (NASDAQ:SHC) to Overweight from Sector Weight, with a price target of $24. Mishan is confident in SHC's revenue growth outlook, citing improving medical device volumes and investments to support industry capacity.
June 26, 2023 | 6:28 pm
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Sotera Health's stock upgraded to Overweight by KeyBanc analyst, with a price target of $24, due to strong revenue growth outlook driven by improving medical device volumes and industry capacity investments.
The upgrade to Overweight by KeyBanc analyst Matthew Mishan is based on the strong revenue growth outlook for Sotera Health, driven by improving medical device volumes and investments to support industry capacity. This positive outlook is likely to have a short-term positive impact on SHC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100