Needham Maintains Buy on Enovis, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson maintains a Buy rating on Enovis (NYSE:ENOV) but lowers the price target from $82 to $65.
August 08, 2024 | 10:20 am
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NEUTRAL IMPACT
Needham analyst Mike Matson maintains a Buy rating on Enovis but lowers the price target from $82 to $65.
The Buy rating suggests continued confidence in Enovis, but the lowered price target indicates tempered expectations for future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100