Mizuho Maintains Buy on Staar Surgical, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Petrone has maintained a Buy rating on Staar Surgical (STAA) but has lowered the price target from $50 to $45.
February 28, 2024 | 2:07 pm
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Mizuho has maintained a Buy rating on Staar Surgical but lowered the price target from $50 to $45.
While the reduction in price target from $50 to $45 by Mizuho could suggest a tempered outlook on Staar Surgical's short-term price potential, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the reaffirmed confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90