B of A Securities Maintains Neutral on Merit Medical Systems, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Merit Medical Systems while raising the price target from $92 to $103.
September 16, 2024 | 12:18 pm
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B of A Securities has maintained a Neutral rating on Merit Medical Systems but increased the price target from $92 to $103, indicating a positive outlook.
The increase in the price target from $92 to $103 by B of A Securities suggests a positive outlook for Merit Medical Systems, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100