B of A Securities Maintains Neutral on Baxter Intl, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Travis Steed maintains a Neutral rating on Baxter International (BAX) and raises the price target from $42 to $45.
March 05, 2024 | 2:39 pm
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POSITIVE IMPACT
Baxter International's price target was raised from $42 to $45 by B of A Securities, while maintaining a Neutral rating.
The increase in price target by a reputable analyst firm like B of A Securities suggests a positive outlook on Baxter International's stock value in the short term. However, the maintenance of a Neutral rating indicates that there may be factors limiting a more bullish stance, possibly keeping the stock's performance moderate.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100