Barclays Maintains Underweight on ZimVie, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matt Miksic maintains an Underweight rating on ZimVie (NASDAQ:ZIMV) and raises the price target from $7 to $11.
August 08, 2023 | 10:40 am
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Barclays maintains an Underweight rating on ZimVie but raises the price target from $7 to $11.
The news directly pertains to ZimVie as Barclays maintains an Underweight rating on the company. However, the price target has been raised from $7 to $11, indicating a potential upside. This could have a neutral impact on the stock as the negative sentiment from the Underweight rating could be offset by the increased price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100