RBC Capital Downgrades Outset Medical to Sector Perform, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Outset Medical (NASDAQ:OM) from Outperform to Sector Perform and lowered its price target from $6 to $3.
August 08, 2024 | 7:39 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
RBC Capital has downgraded Outset Medical from Outperform to Sector Perform and reduced the price target from $6 to $3.
The downgrade from Outperform to Sector Perform and the significant reduction in the price target from $6 to $3 by RBC Capital is likely to negatively impact investor sentiment and the stock price of Outset Medical in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100