What 9 Analyst Ratings Have To Say About Edwards Lifesciences
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse opinions on Edwards Lifesciences (NYSE:EW) with a recent average 12-month price target of $87.00, reflecting a 10.29% increase from the previous target. The company, known for its medical devices for heart disease, shows strong financial health with a notable revenue growth rate of 13.78%, a high net margin of 24.11%, and an impressive ROE of 5.56%. Analysts' actions range from raising to lowering ratings, indicating varied expectations for EW's future performance.

March 07, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Edwards Lifesciences has received diverse analyst ratings with a new average 12-month price target of $87.00. The company's strong financial performance and leadership in medical devices for heart disease contribute to its positive outlook.
The increase in the average 12-month price target to $87.00 from previous targets suggests a bullish outlook from analysts, despite the diversity in opinions. Edwards Lifesciences' strong financial indicators, such as a high net margin and revenue growth, alongside its leadership in the medical devices sector, likely contribute to this positive sentiment. The range of analyst actions, from raising to lowering ratings, indicates varied expectations but the overall upward revision in price targets suggests confidence in the company's future performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100