Stifel Maintains Hold on Masimo, Raises Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Rick Wise has maintained a Hold rating on Masimo (NASDAQ:MASI) and increased the price target from $125 to $148.
March 25, 2024 | 10:53 am
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Stifel analyst Rick Wise maintains a Hold rating on Masimo and raises the price target from $125 to $148.
The increase in price target by Stifel suggests a positive outlook on Masimo's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the Hold rating indicates that the stock might already be valued appropriately, tempering expectations for a significant price movement.
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