UBS Maintains Buy on Owens & Minor, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kevin Caliendo has reaffirmed a Buy rating on Owens & Minor (NYSE:OMI) and increased the price target from $22 to $28, indicating a positive outlook on the company's stock.
December 08, 2023 | 4:42 pm
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POSITIVE IMPACT
UBS analyst Kevin Caliendo maintains a Buy rating on Owens & Minor and raises the price target from $22 to $28, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Kevin Caliendo from UBS is a strong positive signal to the market, often leading to increased investor confidence and a potential short-term rise in the stock price. As the rating is maintained at Buy and the target is significantly raised, this reflects a bullish stance on the company's prospects.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100