Needham Downgrades Inogen to Hold
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Mike Matson has downgraded Inogen (NASDAQ:INGN) from Buy to Hold.
July 14, 2023 | 8:10 am
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Inogen has been downgraded from Buy to Hold by Needham analyst Mike Matson.
Analyst ratings can significantly influence the market's perception of a company's stock. A downgrade from Buy to Hold suggests that the analyst believes the company's stock may not have much upside potential in the near term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100