JP Morgan Downgrades Edwards Lifesciences to Neutral, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Robbie Marcus has downgraded Edwards Lifesciences (NYSE:EW) from Overweight to Neutral and lowered the price target from $105 to $72.

July 25, 2024 | 11:35 am
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JP Morgan analyst Robbie Marcus downgraded Edwards Lifesciences from Overweight to Neutral and reduced the price target from $105 to $72.
The downgrade from Overweight to Neutral and the significant reduction in the price target from $105 to $72 by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the stock price of Edwards Lifesciences in the short term.
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IMPORTANCE 80
RELEVANCE 100