Barclays Maintains Equal-Weight on LivaNova, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matt Miksic has maintained an Equal-Weight rating on LivaNova (NASDAQ:LIVN) and increased the price target from $57 to $61.
February 26, 2024 | 12:24 pm
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Barclays has maintained an Equal-Weight rating on LivaNova and raised the price target from $57 to $61.
The increase in price target by Barclays reflects a positive outlook on LivaNova's stock, suggesting potential upside. Given the direct impact of analyst ratings and price targets on investor sentiment and stock prices, this adjustment is likely to be viewed positively by the market. The Equal-Weight rating indicates that Barclays views LIVN as fairly valued at its current price, but the increase in price target suggests optimism about the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100