Envista Holdings shares are trading higher after Leerink Partners upgraded the stock from Underperform to Market Perform and raised its price target from $16 to $23. Additionally, Baird raised its price target on the stock from $17 to $22.
Portfolio Pulse from Benzinga Newsdesk
Envista Holdings shares rose following upgrades from Leerink Partners and Baird, with increased price targets.
October 31, 2024 | 2:13 pm
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Envista Holdings shares are trading higher after receiving an upgrade from Leerink Partners, which changed its rating from Underperform to Market Perform and increased the price target from $16 to $23. Baird also raised its price target from $17 to $22.
The upgrade from Leerink Partners and the increased price targets from both Leerink and Baird are positive signals for investors, suggesting improved confidence in Envista Holdings' future performance. This is likely to boost investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100