JP Morgan Downgrades Envista Holdings to Neutral, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rachel Vatnsdal has downgraded Envista Holdings (NYSE:NVST) from Overweight to Neutral and lowered the price target from $23 to $16.
August 08, 2024 | 11:00 am
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JP Morgan has downgraded Envista Holdings from Overweight to Neutral and reduced the price target from $23 to $16.
The downgrade from Overweight to Neutral and the significant reduction in the price target from $23 to $16 by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the stock price of Envista Holdings in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100