RBC Capital Maintains Sector Perform on ResMed, Raises Price Target to $182
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Craig Wong-Pan maintains a Sector Perform rating on ResMed (NYSE:RMD) and increases the price target from $181 to $182.
January 25, 2024 | 4:49 pm
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NEUTRAL IMPACT
RBC Capital has maintained a Sector Perform rating on ResMed and raised the price target by $1 to $182.
The price target increase from RBC Capital is marginal, suggesting a neutral outlook with no significant change in valuation. The Sector Perform rating indicates that the analyst does not see the stock outperforming the sector, hence the score is neutral. The relevance is 100 as the news is directly about ResMed. The importance is moderate because price target adjustments are common and this particular adjustment is very small. The confidence level is high due to the direct mention of ResMed and the clear action by the analyst.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100