Needham Maintains Buy on AtriCure, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson maintains a Buy rating on AtriCure (NASDAQ:ATRC) but lowers the price target from $46 to $40.

May 02, 2024 | 9:45 am
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Needham maintains a Buy rating on AtriCure but lowers the price target from $46 to $40.
The adjustment in price target by Needham reflects a recalibration of expectations for AtriCure's stock, potentially due to updated financial analysis or market conditions. While the Buy rating indicates continued confidence in the company's fundamentals, the reduced price target suggests a tempered outlook on the stock's short-term price performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100