Mizuho Maintains Buy on Edwards Lifesciences, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Petrone has maintained a 'Buy' rating on Edwards Lifesciences (NYSE:EW) but lowered the price target from $90 to $85.

October 26, 2023 | 6:29 pm
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Edwards Lifesciences' price target has been lowered from $90 to $85 by Mizuho, though the 'Buy' rating is maintained.
The news directly pertains to Edwards Lifesciences and is important for investors as it provides insight into the company's valuation according to Mizuho. The lowering of the price target might indicate a potential downside, but the maintained 'Buy' rating suggests that Mizuho still sees value in the stock. The impact on the stock price is neutral in the short term as the positive 'Buy' rating balances the negative price target revision.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100