Merit Medical Systems shares are trading higher after the company reported better-than-expected Q2 financial results. Also, Needham and Piper Sandler raised their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Merit Medical Systems shares are trading higher after the company reported better-than-expected Q2 financial results. Additionally, Needham and Piper Sandler raised their respective price targets on the stock.
August 02, 2024 | 4:43 pm
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POSITIVE IMPACT
Merit Medical Systems shares are trading higher following the release of better-than-expected Q2 financial results. The stock also received price target upgrades from Needham and Piper Sandler.
The better-than-expected Q2 financial results indicate strong performance, which is likely to boost investor confidence. Additionally, the price target upgrades from reputable firms like Needham and Piper Sandler further validate the positive outlook for the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100