JMP Securities Maintains Market Outperform on Teleflex, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Turkaly maintains a Market Outperform rating on Teleflex (NYSE:TFX) but lowers the price target from $315 to $285.
November 03, 2023 | 7:51 pm
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NEGATIVE IMPACT
Teleflex's price target has been lowered from $315 to $285 by JMP Securities, though the Market Outperform rating is maintained.
The lowering of the price target by JMP Securities indicates a potential decrease in the short-term value of Teleflex's stock. However, the maintenance of the Market Outperform rating suggests that the stock is still expected to perform better than the overall market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100