JP Morgan Maintains Neutral on Baxter Intl, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Robbie Marcus maintains a Neutral rating on Baxter International (NYSE:BAX) but lowers the price target from $44 to $42.
August 07, 2024 | 6:02 pm
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JP Morgan analyst Robbie Marcus maintains a Neutral rating on Baxter International (NYSE:BAX) but lowers the price target from $44 to $42.
The lowered price target from $44 to $42 by JP Morgan suggests a slightly more pessimistic outlook on Baxter International's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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