Oppenheimer Maintains Outperform on Varex Imaging, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Suraj Kalia has maintained an Outperform rating on Varex Imaging (NASDAQ:VREX) but has reduced the price target from $42 to $30.
November 15, 2023 | 6:28 pm
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Oppenheimer has maintained an Outperform rating on Varex Imaging but lowered the price target from $42 to $30, indicating a potential downside compared to the previous target.
The reduction in the price target by Oppenheimer suggests that they see less upside potential for Varex Imaging's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price as the market adjusts to the new analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100