Keybanc Maintains Overweight on Omnicell, Lowers Price Target to $75
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Scott Schoenhaus has maintained an Overweight rating on Omnicell (NASDAQ:OMCL) but lowered the price target from $80 to $75.
August 04, 2023 | 2:53 pm
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Omnicell's price target has been lowered from $80 to $75 by Keybanc, although the Overweight rating is maintained.
The news is directly about Omnicell and is likely to impact its stock price. While the Overweight rating is maintained, which is positive, the lowering of the price target might create some negative sentiment among investors, potentially putting some downward pressure on the stock price in the short term.
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