JP Morgan Maintains Neutral on Baxter Intl, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Robbie Marcus maintains a Neutral rating on Baxter International (BAX) and raises the price target from $38 to $44.
February 09, 2024 | 7:58 pm
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JP Morgan analyst Robbie Marcus maintains a Neutral rating on Baxter International and raises the price target from $38 to $44.
The increase in price target from $38 to $44 by a reputable analyst suggests a positive outlook on Baxter International's stock value in the short term, despite the Neutral rating. This adjustment reflects an expectation of improved performance or valuation metrics that could lead to stock appreciation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90