JMP Securities Maintains Outperform on Teleflex, Lowers Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Turkaly maintains an Outperform rating on Teleflex (NYSE:TFX) but lowers the price target from $330 to $315.
August 04, 2023 | 3:11 pm
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NEUTRAL IMPACT
Teleflex's price target has been lowered from $330 to $315 by JMP Securities, though the Outperform rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors. However, the maintenance of the Outperform rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100