Assessing Masimo: Insights From 6 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, six analysts have evaluated Masimo (NASDAQ:MASI), with opinions ranging from bullish to bearish. Recent ratings show a trend towards more positive outlooks, with an average 12-month price target of $155.0, up from $129.67. Analysts have raised their price targets, reflecting a more optimistic view despite Masimo's recent revenue and profitability challenges.
June 03, 2024 | 1:00 pm
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POSITIVE IMPACT
Analysts have shown a more optimistic outlook for Masimo, raising the average 12-month price target to $155.0 from $129.67. This reflects a positive sentiment despite recent revenue and profitability challenges.
The increase in the average price target and the positive sentiment from multiple analysts suggest a likely short-term price increase for Masimo. Despite recent revenue and profitability challenges, the raised price targets indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100