Stifel Downgrades Masimo to Hold, Lowers Price Target to $120
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Rick Wise has downgraded Masimo (NASDAQ:MASI) from Buy to Hold and lowered the price target from $205 to $120.
July 18, 2023 | 9:23 am
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Masimo's stock has been downgraded from Buy to Hold by Stifel, with a lowered price target of $120.
The downgrade from Buy to Hold indicates a less optimistic outlook for the company's stock. The lowered price target from $205 to $120 suggests that the analyst believes the stock is currently overvalued, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100