RBC Capital Maintains Outperform on Teleflex, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shagun Singh maintains an Outperform rating on Teleflex (NYSE:TFX) but lowers the price target from $272 to $265.
February 23, 2024 | 4:41 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Teleflex but lowers the price target from $272 to $265.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a continued positive outlook on Teleflex but with slightly moderated expectations. This could lead to a neutral short-term impact on the stock as the market absorbs the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100