JP Morgan Upgrades Henry Schein to Overweight, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rachel Vatnsdal has upgraded Henry Schein (NASDAQ:HSIC) from Neutral to Overweight and increased the price target from $71 to $82, indicating a positive outlook on the company's stock.
December 12, 2023 | 12:44 pm
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POSITIVE IMPACT
Henry Schein's stock rating has been upgraded by JP Morgan from Neutral to Overweight, with a price target increase from $71 to $82, suggesting a bullish perspective on the stock's future performance.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a professional and positive reassessment of the company's valuation and future prospects. The increase in price target further strengthens the positive sentiment, suggesting that JP Morgan sees more upside potential in Henry Schein's stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100