Needham Maintains Buy on Staar Surgical, Lowers Price Target to $58
Portfolio Pulse from richadhand@benzinga.com
Needham analyst David Saxon maintains a 'Buy' rating on Staar Surgical (NASDAQ:STAA) but lowers the price target from $75 to $58.
August 04, 2023 | 12:51 pm
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NEUTRAL IMPACT
Staar Surgical's price target has been lowered from $75 to $58 by Needham, though the 'Buy' rating is maintained.
The news is directly about Staar Surgical and is likely to impact its stock. While the 'Buy' rating is maintained, the lowered price target may cause some investors to reassess their positions, potentially leading to short-term volatility. However, the overall impact is neutral as the 'Buy' rating indicates continued confidence in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100