Baird Initiates Coverage On LivaNova with Neutral Rating, Announces Price Target of $56
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Mike Polark has initiated coverage on LivaNova (NASDAQ:LIVN) with a Neutral rating and a price target of $56.
July 19, 2023 | 8:46 am
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NEUTRAL IMPACT
Baird has initiated coverage on LivaNova with a Neutral rating and a price target of $56. This could influence investor sentiment and potentially impact the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. In this case, Baird's neutral rating suggests that they believe LivaNova's stock is fairly valued at its current price. The price target of $56 provides a reference point that investors may use when making buy or sell decisions. However, as this is a neutral rating, it is not expected to have a strong positive or negative impact on the stock's price in the short term.
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IMPORTANCE 70
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