Masimo’s Target Raised to $194 as Core Healthcare …
From Financial Modeling Prep: 2024-12-27 12:49:00
Raymond James analysts raise Masimo’s price target to $194 from $170, maintaining an Outperform rating. The shift back to healthcare is expected to drive sustainable growth, with EPS potentially growing at 15% annually. Margin expansion initiatives and a new board aim to enhance profitability, positioning Masimo for long-term value and operational efficiency.
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