B of A Securities Maintains Underperform on Owens & Minor, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
B of A Securities maintains an Underperform rating on Owens & Minor (NYSE:OMI) and lowers the price target from $18 to $16.
June 25, 2024 | 4:51 pm
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B of A Securities has maintained its Underperform rating on Owens & Minor and lowered the price target from $18 to $16, indicating a bearish outlook.
The Underperform rating and lowered price target from a major financial institution like B of A Securities suggest a negative outlook for Owens & Minor. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100