Baird Maintains Neutral on Edwards Lifesciences, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Rescott maintains a Neutral rating on Edwards Lifesciences (NYSE:EW) and lowers the price target from $73 to $68.
October 25, 2024 | 12:17 pm
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Baird analyst David Rescott has maintained a Neutral rating on Edwards Lifesciences and lowered the price target from $73 to $68, indicating a cautious outlook.
The lowering of the price target from $73 to $68 by Baird suggests a less optimistic view on Edwards Lifesciences' short-term performance. The Neutral rating indicates that the stock is expected to perform in line with the market, but the reduced price target may lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100