Barrington Research Maintains Outperform on Haemonetics, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Michael Petusky has maintained an 'Outperform' rating on Haemonetics (NYSE:HAE), but lowered the price target from $114 to $105.

November 03, 2023 | 4:08 pm
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NEUTRAL IMPACT
Haemonetics' price target has been lowered from $114 to $105 by Barrington Research, though the 'Outperform' rating is maintained.
While the 'Outperform' rating suggests that Barrington Research expects Haemonetics to outperform the market, the lowering of the price target could indicate a tempered expectation of the stock's future performance. This could potentially lead to short-term uncertainty among investors, but the overall impact is likely to be neutral as the positive 'Outperform' rating is maintained.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100