Needham Downgrades Masimo to Hold
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson has downgraded Masimo (NASDAQ:MASI) from Buy to Hold, indicating a shift in the firm's outlook on the company's stock.
January 03, 2024 | 11:31 am
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Needham analyst Mike Matson downgraded Masimo from Buy to Hold, suggesting a more cautious stance on the company's stock.
Analyst ratings can influence market perception and investor behavior. The downgrade from Buy to Hold by a reputable analyst could lead to a neutral short-term impact on Masimo's stock as investors may reevaluate their positions based on this new assessment.
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