Wells Fargo Maintains Equal-Weight Rating for Masimo: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo has maintained its Equal-Weight rating for Masimo (NASDAQ:MASI) but lowered its price target from $110.00 to $81.00. Masimo's shares are currently trading at $80.44, down 0.2% over the last 24 hours.
November 08, 2023 | 5:00 pm
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Wells Fargo has maintained its Equal-Weight rating for Masimo but lowered its price target. This could potentially impact Masimo's stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, while Wells Fargo has maintained its Equal-Weight rating for Masimo, it has lowered its price target. This could potentially lead to a negative sentiment among investors, thereby putting downward pressure on Masimo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100