Barclays Maintains Underweight on Zimmer Biomet Holdings, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matt Miksic maintains an Underweight rating on Zimmer Biomet Holdings (NYSE:ZBH) and lowers the price target from $130 to $125.
May 31, 2024 | 6:16 pm
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Barclays analyst Matt Miksic maintains an Underweight rating on Zimmer Biomet Holdings and lowers the price target from $130 to $125.
The Underweight rating and lowered price target from $130 to $125 by Barclays suggest a bearish outlook on Zimmer Biomet Holdings. This is likely to negatively impact the stock price in the short term as investors react to the downgraded expectations.
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