Raymond James Downgrades Profound Medical to Outperform
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Rahul Sarugaser has downgraded Profound Medical (NASDAQ:PROF) from Strong Buy to Outperform.
August 04, 2023 | 3:22 pm
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Profound Medical has been downgraded from Strong Buy to Outperform by Raymond James analyst Rahul Sarugaser.
The downgrade from Strong Buy to Outperform by Raymond James analyst could potentially lead to a short-term negative impact on Profound Medical's stock price. Investors may interpret this as a sign of decreased confidence in the company's near-term performance.
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