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
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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.
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