UBS Maintains Neutral on Edwards Lifesciences, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Danielle Antalffy maintains a Neutral rating on Edwards Lifesciences (NYSE:EW) and lowers the price target from $90 to $75.
September 10, 2024 | 1:23 pm
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UBS has maintained a Neutral rating on Edwards Lifesciences but lowered the price target from $90 to $75, indicating a more cautious outlook.
The lowering of the price target by UBS suggests a less optimistic view on Edwards Lifesciences' future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target reflects potential concerns.
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IMPORTANCE 80
RELEVANCE 100