Needham Maintains Buy on Masimo, Lowers Price Target to $136
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Mike Matson has maintained a 'Buy' rating on Masimo (NASDAQ:MASI) but lowered the price target from $207 to $136.
July 18, 2023 | 9:38 am
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NEUTRAL IMPACT
Needham analyst has maintained a 'Buy' rating on Masimo but lowered the price target from $207 to $136.
The news is directly related to Masimo (MASI). The maintained 'Buy' rating indicates a positive outlook for the company, however, the lowered price target may indicate a potential downside, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100