LivaNova's New Strategy Could Unlock Revenue, Profit Gains, Analyst Predicts
Portfolio Pulse from Priya Nigam
LivaNova Plc (NASDAQ:LIVN) is expected to see revenue and profit gains due to new product cycles and strategic shifts, according to Goldman Sachs analyst David Roman. He initiated coverage with a Buy rating and a $65 price target, citing potential 5% revenue growth and 14% EPS growth through 2027.
October 04, 2024 | 3:59 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs analyst David Roman initiated coverage of LivaNova with a Buy rating and a $65 price target. The company is expected to see revenue and profit gains from new product cycles and strategic shifts, with potential 5% revenue growth and 14% EPS growth through 2027.
The initiation of a Buy rating and a $65 price target by Goldman Sachs is a strong positive signal for LivaNova. The analyst's prediction of revenue and EPS growth due to new product cycles and strategic shifts suggests potential upside in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100