Wells Fargo Maintains Equal-Weight on Masimo, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Vik Chopra has maintained an Equal-Weight rating on Masimo (NASDAQ:MASI) and lowered the price target from $126 to $110.

August 09, 2023 | 3:29 pm
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Wells Fargo has maintained an Equal-Weight rating on Masimo and lowered the price target from $126 to $110.
The lowering of the price target by Wells Fargo could potentially lead to a decrease in the stock price of Masimo in the short term as it indicates a lower valuation of the company. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector.
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