Barclays Maintains Equal-Weight on Omnicell, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Stephanie Davis maintains an Equal-Weight rating on Omnicell (NASDAQ:OMCL) and raises the price target from $39 to $58.
October 31, 2024 | 5:52 pm
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Barclays has maintained its Equal-Weight rating on Omnicell and increased the price target from $39 to $58, indicating a more positive outlook.
The increase in price target from $39 to $58 by Barclays suggests a more optimistic view on Omnicell's future performance, which could positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100