Barrington Research Maintains Outperform on Merit Medical Systems, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Michael Petusky has maintained an Outperform rating on Merit Medical Systems (NASDAQ:MMSI) and raised the price target from $98 to $100.
May 01, 2024 | 4:29 pm
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Merit Medical Systems' Outperform rating is maintained by Barrington Research, with a price target increase from $98 to $100.
The maintenance of an Outperform rating combined with an increased price target typically signals analyst confidence in the company's future performance, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100