Barclays Upgrades Omnicell to Equal-Weight, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Stephanie Davis has upgraded Omnicell (NASDAQ:OMCL) from Underweight to Equal-Weight and raised the price target from $26 to $39.

August 02, 2024 | 1:23 pm
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Barclays analyst Stephanie Davis has upgraded Omnicell from Underweight to Equal-Weight and raised the price target from $26 to $39.
The upgrade from Underweight to Equal-Weight and the significant increase in the price target from $26 to $39 by Barclays is likely to positively impact Omnicell's stock price in the short term. Such upgrades typically signal increased confidence in the company's performance and can attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100