Citigroup Upgrades Owens & Minor to Buy, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Daniel Grosslight has upgraded Owens & Minor (NYSE:OMI) from Neutral to Buy, while lowering the price target from $24 to $19.
July 19, 2024 | 1:37 pm
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Citigroup analyst Daniel Grosslight has upgraded Owens & Minor (NYSE:OMI) from Neutral to Buy, while lowering the price target from $24 to $19.
The upgrade to Buy suggests a positive outlook on Owens & Minor's future performance, which is likely to boost investor confidence and drive the stock price up in the short term. However, the lowered price target indicates some caution regarding the stock's potential upside.
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