RBC Capital Maintains Sector Perform on ResMed, Raises Price Target to $204
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Craig Wong-Pan maintains a Sector Perform rating on ResMed (NYSE:RMD) and raises the price target from $200 to $204.

July 23, 2024 | 11:32 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital analyst Craig Wong-Pan maintains a Sector Perform rating on ResMed and raises the price target from $200 to $204.
The raised price target from $200 to $204 indicates a positive outlook from RBC Capital, which could lead to a short-term increase in ResMed's stock price. However, the Sector Perform rating suggests that the stock is expected to perform in line with the market, moderating the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100