TD Cowen Maintains Hold on Zimmer Biomet Holdings, Lowers Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joshua Jennings maintains a Hold rating on Zimmer Biomet Holdings (NYSE:ZBH) and lowers the price target from $143 to $119.
September 06, 2024 | 5:22 pm
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TD Cowen analyst Joshua Jennings maintains a Hold rating on Zimmer Biomet Holdings and lowers the price target from $143 to $119, indicating a more cautious outlook.
The lowering of the price target from $143 to $119 by TD Cowen suggests a less optimistic view on Zimmer Biomet's future performance, which could lead to a negative short-term impact on the stock price. The Hold rating indicates that the analyst does not see immediate upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100