Merit Medical Systems Had A Solid Q3, But This Analyst Has Lowered The Price Target On The Stock

October 29, 2023

in Stocks

Reading Time: 1 min read

Needham analyst Mike Matson reiterated the Buy rating on Merit Medical Systems, Inc. (NASDAQ:MMSI), lowering the price target to $81 from $96.

Merit Medical delivered a street-beating performance in Q3 2023, where reported revenue of $315.2 million was up 9.8% year-over-year.

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Merit Medical Systems Had A Solid Q3, But This Analyst Has Lowered The Price Target On The Stock

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Merit Medical Systems Had A Solid Q3, But This Analyst Has Lowered The Price Target On The Stock

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