Inogen downgraded to Market Perform from Outperform at William Blair

William Blair analyst Margaret Kaczor downgraded Inogen to Market Perform from Outperform after the company reported preliminary Q4 results that came in at the low end of management’s guidance. While she likes the long-term outlook and the strategies that management is putting into place to expand Inogen’s capabilities, she believes that there could be more headwinds than tailwinds in the short term, Kaczor tells investors.