Needham Maintains Buy on AtriCure, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson maintains a Buy rating on AtriCure (NASDAQ:ATRC) but lowers the price target from $40 to $34.

July 31, 2024 | 12:02 pm
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Needham analyst Mike Matson maintains a Buy rating on AtriCure but lowers the price target from $40 to $34.
The maintained Buy rating suggests continued confidence in AtriCure's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100