Wells Fargo Maintains Equal-Weight on Merit Medical Systems, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen maintains an Equal-Weight rating on Merit Medical Systems (NASDAQ:MMSI) and raises the price target from $85 to $103.
September 16, 2024 | 2:13 pm
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Wells Fargo has maintained its Equal-Weight rating on Merit Medical Systems but increased the price target from $85 to $103, indicating a positive outlook.
The increase in the price target from $85 to $103 by Wells Fargo suggests a positive outlook for Merit Medical Systems, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the higher price target is a bullish signal.
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IMPORTANCE 80
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